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Exchange "Joheun Saramdeul to undergo substantive review of listing eligibility after resolving delisting reasons"

[Asia Economy Reporter Ji Yeon-jin] The KOSDAQ Market Headquarters announced on the 9th that Good People has triggered a cause for a substantial review of listing eligibility due to embezzlement and breach of trust allegations that occurred on the 9th.


The company received a 'disclaimer of opinion' from an external auditor on the 22nd of last month, which constitutes a formal cause for delisting. The substantial review procedures, including the decision on whether the company is subject to the review, will proceed after the formal delisting cause is resolved.


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