SM Friends Co., Ltd. announced that it will issue 2,320,000 common shares at a price of KRW 5,000 per share for gross proceeds of KRW 11,600,000,000 on September 1, 2023. The transaction included participation from returning investor, SM Entertainment Co., Ltd. to retain the majority stake in the company. The transaction was approved by the board of directors of the company.
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5-day change | 1st Jan Change | ||
81,000 KRW | -1.82% | +3.71% | -12.05% |
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EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-12.05% | 1.37B | |
+6.86% | 53.63B | |
-13.70% | 6.1B | |
+5.24% | 2.59B | |
-34.16% | 1.61B | |
+42.86% | 1.55B | |
-6.29% | 369M | |
+36.33% | 181M | |
-10.20% | 130M |
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- News SM Entertainment Co., Ltd.
- SM Friends Co., Ltd. announced that it expects to receive KRW 11.6 billion in funding from SM Entertainment Co., Ltd.