HB Investment Reaps Blockbuster 24x Profit from Dalba Global Investment!
HB Investment Proves Investment Prowess, Achieving Astonishing 24-Fold Return on Dalba Global Investment Venture capital firm HB Investment is attracting market attention by achieving remarkable results in its investment in beauty brand Dal...
HB Investment Proves Investment Prowess, Achieving Astonishing 24-Fold Return on Dalba Global Investment
Venture capital firm HB Investment is attracting market attention by achieving remarkable results in its investment in beauty brand Dalba Global. HB Investment made an initial investment in Dalba Global through the 2019HB Growth Support Investment Fund, and successfully sold its 35% stake for over 16.7 billion won at the end of May, realizing an astonishing 24-fold return on its original investment.
Dalba Global, a leader in the premium mist market, successfully listed on KOSPI last May. HB Investment achieved brilliant results by timely divesting its sellable shares immediately after the listing. Additional recovery of the remaining 65% stake is also anticipated.
Furthermore, the listing of Samyang Comtech, another key portfolio company of HB Investment, has entered its final countdown. Samyang Comtech, which passed its preliminary listing review in April, aims to list on KOSDAQ in the third quarter and is gaining attention as a technology company with the world's largest mass production facility for special bulletproof ceramics.
HB Investment is currently actively fundraising 150 billion won and is proactively seeking new investments in companies with significant growth potential, such as Sungjin I&C and Peace Peace Studio.
A company official emphasized, "Dalba Global is a company whose scalability and profitability were verified through our unique due diligence process from the early investment stage. This successful divestment has not only significantly contributed to the fund's return rate but also further enhanced the credibility of our subsequent fundraising and investment strategies." Hwang Yoo-sun, CEO of HB Investment, stated, "Our consecutive successful divestments clearly demonstrate our proactive investment capabilities and keen market insight. We will continue to make bold investments in promising companies that possess both profitability and the potential for successful divestment."
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