Altus Investment Advisory increases Duoback stake to 12.83% through open market purchases for simple investment purpose
Altus Investment Advisory and its specially related parties increased their stake in Duoback from 11.37% to 12.83% through open market purchases from May 20 to June 17, 2026, a net increase of 1.46 percentage points.
The purpose of holding is stated as simple investment with no intention to influence management, and the reporting entity is a professional investor filing under the simplified reporting regime.
The stake comprises 3.67% proprietary and 9.16% client accounts, acquired through market transactions without any issuance of new shares or convertible instruments that would dilute existing shareholders.
Given the current market price of 1,252 KRW and market cap of approximately 149.8 billion KRW, the 1.46% increase is a minor change with no direct impact on financial structure or dividend policy.
[AI Summary]This open market purchase for simple investment purposes does not involve capital raising or management change, remaining neutral for shareholder value. The slight stake increase may provide short-term momentum but is not a key investment factor.