TANSY IS REPORTED TO BE CONSIDERING DIRECT INVESTMENT IN THE SOUTH KOREAN CHIP GIANT, SK HERCULES AND SAMSUNG ELECTRONICS

On 12 August, FIA reported that the Korean chip unit had rebounded strongly on Wednesday, with reports that the Singapore State-owned investment company, Sun Matty, planned to invest in the Korean chip giant. Three-star electronics and SK Hercules stock prices have increased significantly by over 8 per cent. Asia Business Daily reported that the Sunshine Initiative is directly investing in the two chip manufacturers through an internal investment team and is currently considering the timing of entry. The Kospi index in Korea rose by 5.1 per cent。