[Asia Economy Reporter Park Jihwan] On the 26th, DNA Link stock price sharply declined in early trading.
As of 9:13 AM, DNA Link's stock price was trading at 4,550 KRW, down 14.14% from the previous day.
This is interpreted to be influenced by the Korea Exchange KOSDAQ Market Headquarters' announcement of a preliminary notice designating DNA Link as a non-compliant disclosure corporation the day before.
Previously, on March 10, DNA Link failed to disclose a change in sales or profit structure exceeding 30% (15% for large corporations). The Exchange will decide whether to designate DNA Link as a non-compliant disclosure corporation by April 17.
In the past year, DNA Link has been assigned 10.0 penalty points for non-compliant disclosure. If the cumulative penalty points in the past year, including those from this case, reach 15 or more, DNA Link may be subject to a substantial review of listing eligibility according to the KOSDAQ Market Listing Regulations.
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