Liveplex, Stock Consolidation from 500 Won to 5,000 Won per Share

[Asia Economy Reporter Lim Hye-seon] Liveplex has decided to consolidate its shares to stabilize stock prices and enhance corporate value. Liveplex announced on the 20th that it will consolidate its common stock with a par value of 500 won per share to 5,000 won per share. After the consolidation, Liveplex's common shares will decrease from 125.64 million shares to 13.56 million shares.

The new shares will be listed on January 25 next year, and the regular trading suspension period is scheduled from January 9 to 22 next year.