[Alpha Biz= Reporter Kim Minyoung] Fadu has immediately refuted a domestic media report claiming it received a 2 trillion won investment and acquisition proposal from a global company. On the morning of the 13th, a domestic online media outlet published an article titled “Fadu Receives 2 Trillion Won Investment and Acquisition Proposal from Global Company,” which suggested that Fadu received multiple acquisition and investment offers from IT companies, with the proposed amount reportedly being $1.5 billion. The article also mentioned that Fadu had declined these investment offers.
In response, Fadu stated, “There have been speculative reports suggesting that we received acquisition and investment proposals from multiple IT companies. We want to clarify that our employees are not aware of any such proposals.” Fadu further emphasized that the media outlet did not verify the content of the article with the company prior to publication.
The company also reiterated its commitment to enhancing corporate value and maximizing shareholder interests, stating, “We remain dedicated to these goals and will continue to uphold this approach in the future.”
Following the report, Fadu’s stock price surged from 21,500 won to 23,750 won but closed at 21,700 won.
Alphabiz Kim Minyoung (kimmy@alphabiz.co.kr)
