[Special Stock] Prolonged Suspension of Japan Travel, JTC Faces Delisting Risk, Drops 24%

[Asia Economy Reporter Ji Yeon-jin] JTC is plummeting on the 18th due to concerns over being designated as a management item.

As of 10:20 AM on the same day, JTC is trading at 3,410 KRW on the KOSDAQ market, down 24.05% from the previous day.

This company, which operates duty-free shops for foreign tourists visiting Japan, appears to have seen its stock price plunge following concerns raised by the Korea Exchange about its designation as a management item.

Earlier, the KOSDAQ Market Headquarters of the Korea Exchange announced on the 15th, the previous trading day, that JTC is at risk of being designated as a management item due to continuous business losses before corporate tax expenses exceeding 50% of equity capital for 2 out of the last 3 years.