[Asia Economy Reporter Myunghwan Lee]
▲EdisonEV=Bankruptcy petition filed with Suwon District Court by 8 creditors. Total claim amount is 3.6 billion KRW. The company plans to negotiate with creditors and respond through legal procedures via litigation representatives.
▲Hugel=Phase 1 clinical trial results of Botulinum Toxin Painless Liquid Formulation (HG102) showed no newly identified adverse reactions or specific issues in patients with moderate or higher glabellar lines, indicating it is safe for administration.
▲ToBeSoft=KOSDAQ Market Headquarters of Korea Exchange issued a preliminary notice of designation as an unfaithful disclosure corporation due to reversal of disclosure including withdrawal of convertible bond issuance decision.
▲Protech=Delisting suitability review exclusion decision by KOSDAQ Market Headquarters of Korea Exchange, resulting in lifting of trading suspension on shares from the 6th.
▲SNK=Following approval of voluntary delisting by Korea Exchange, orderly trading will be conducted from the 9th to the 17th. Delisting scheduled on the 18th.
▲Redrover=Bankruptcy petition filed due to default on repayment of convertible bonds with a face value of 280 million KRW held by convertible bondholders. The company plans to respond legally through consultation with a law firm.
▲CodeNature=KOSDAQ Market Headquarters of Korea Exchange issued a preliminary notice of designation as an unfaithful disclosure corporation due to reversal of disclosure including withdrawal of third-party allotment capital increase decision.
▲Bion=Decided on a paid-in capital increase by third-party allotment to raise approximately 1 billion KRW in operating funds. Number of new shares is 699,300, with an issue price of 1,430 KRW per common share.
▲SL Bionics=In response to reports on the sale of Studio Santa Claus, the company clarified in a disclosure that "after selecting Samjong Accounting Corporation as an advisory firm to pursue the sale and proceeding with necessary preliminary steps, no confirmed matters have been made to date."
▲SHNL=Announced that it has received a rehabilitation procedure commencement decision from Seoul Bankruptcy Court.
▲Park Systems=Preliminary consolidated sales for Q1 this year amounted to 17.816 billion KRW, an 18% increase compared to the same period last year. Operating profit for the same period decreased by 56% to 594 million KRW.
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