C-Site shares surged following disclosures of a major share transfer agreement featuring a control premium and a change in its largest shareholder.

The direct catalyst for the rally is seen as the disclosures of a ₩50.4bn share transfer agreement carrying a substantial control premium and a change in the largest shareholder. In terms of investor flows, despite selling pressure from institutional and retail investors, the strong catalyst of a management control change attracted heavy market buying, driving a 12.88% gain.