Individual investor Lim Ki-seok, who held more than 10% of SIGONG TECH shares, has recently sold all of his equity. It appears he took profits after SIGONG TECH's stock price jumped over 119% last month as it became associated with independent candidate Han Duck-soo.
According to the Financial Supervisory Service's electronic disclosure system on the 8th, individual investor Lim Ki-seok sold all 1,302,059 shares he held between the 17th and 28th of last month. The disposal price ranged from 9,213 to 10,037 won. Considering that SIGONG TECH's highest price was 10,650 won on April 21, it seems he sold at a high point.
Known as a 'big hand' investor, Lim Ki-seok first appeared as a major shareholder (5%) of SIGONG TECH in 2016. At that time, he acquired 1,154,543 shares with two relatives, securing 5.76% equity. In 2017, he increased his stake to 13.56%. Although his ownership ratio dropped to 10.32% due to a gift in 2023, he had never sold his shares since his initial acquisition until earlier last month.
Meanwhile, Han Kyung-sook, a relative of Lim, also sold all 847,209 shares on the 17th and 28th of last month. The disposal price ranged from 8,816 to 10,059 won. As a result, only the 0.15% (29,350 shares) equity of Lim Jong-yoon, a relative of Lim, remains.