Ecopro Innovation is selling a small percentage of Ecopro BM shares, which is expected to further impact the company's stock negatively. Ecopro BM's valuation multiples remain unattractive.
Boomeranged on Wed, 7 Feb 2024 16:06
Ecopro Co mentioned today that Ecopro BM is considering on transferring its listing from KOSDAQ to KOSPI in 2024. Ecopro BM has a market cap of 22.5 trillion won (largest in KOSDAQ). It would also be the 16th largest in KOSPI at current market caps. There have been numerous speculations about such transfer since last year but this was the first formal mentioning of such transfer to KOSPI.
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