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| 이수만 SM엔터인먼트 대주주 (사진=SM) |
[Alpha Biz=(Chicago) Reporter Kim Jisun] SM Entertainment will hold an IR on the 20th.
It is usually a place to announce its fourth-quarter earnings and future management plans, but this time, more attention is expected to be paid to the current management's position over the acquisition, how to sell its subsidiaries, and the policy to return shareholders.
According to the financial investment industry on the 19th, SM announced on the 17th that it will hold IR from 2 p.m. to 3 p.m. on the 20th for institutional investors and securities analysts.
Earlier, Hive announced on the 10th that it will acquire 3,423,420 shares (14.8%) held by former general producer Lee Soo-man, the founder of SM, at 120,000 won per share and openly purchase up to 5,951,826 shares at the same price (120,000 won). The total amount of acquisition is estimated to be 422.81 billion won and 714.21912 billion won, respectively, totaling 1.137 trillion won.
On the other hand, the current management, including Lee Sung-soo, co-chairman, has joined hands with Kakao. Kakao decided to acquire a 9.05% stake in SM through a paid-in capital increase worth 111.9 billion won and a paid-in capital increase worth 102.5 billion won on the 7th, ahead of Hive.
The market expects a specific position on the management dispute to be announced as the current management holds an official IR event.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
