Korea Gas Corporation Stock Controversy

Korea Gas Corporation's stock surged after the East Sea gas pipeline plan, despite controversy over executive share sales.

### Korea Gas Corporation Executives Sell Shares Amid East Sea Gas Pipeline Development Plan
* 📈 Korea Gas Corporation's stock price surged following the announcement of the government's **East Sea gas pipeline development plan**.
* 📉 However, controversy arose as it was revealed that **four executives sold a large amount of shares** on the 5th and 7th.
* 💰 Director Hong and Director Lee each disposed of **25 and 26 shares** on the 5th, amounting to **200 million won and 930 million won**, respectively.
* 💸 Two days later on the 7th, Director Kim and Director Jung sold **29 shares worth 118 million won** and **294 shares worth 1.18 billion won**, respectively.
* 📊 Following these sales, stocks related to the East Sea pipeline surged, with Korea Gas Corporation's stock price hitting the **daily limit increase** on the 3rd day of the announcement and rising by about **48% over the past six trading days**.
* 📅 The day when these executives started selling stocks coincided with the announcement by the Ministry of Trade, Industry and Energy and Korea National Oil Corporation that they would start **exploring the Great Whale Project** as early as November.
* 🗣 On the following 7th day, a briefing by **Victor Abreu Tzij**, a **consultant**, took place.

[오늘 이 뉴스] 尹 발표로 가스공사 주가 뛰자 공사 임원들 '우르르' 한 짓이.. (2024.06.12/MBC뉴스)

MBC 뉴스 공식 유튜브 채널입니다. 시청자 여러분의 의견과 제보를 항상 기다립니다. 
세상과 소통하는 시간, MBC 뉴스와 함께 하세요!

MBCNEWS

Controversy Over Korea Gas Corporation's Stock Surge

The stock price of Korea Gas Corporation surged after the government's East Sea gas pipeline development plan, leading to controversy over executive share sales.

Four executives sold a large amount of shares, totaling billions of won, just days after the pipeline announcement.

The surge in stock prices was linked to the pipeline development plan, with Korea Gas Corporation experiencing a significant increase following the announcement.

Sudden Stock Sales Following the Great Whale Project Announcement

Stocks rose by 48% in six days, then executives started selling after the announcement of the Great Whale Project exploration.

A briefing by consultant Victor Abreu Tzij occurred on the seventh day, following the stock sales.