[Asia Economy Reporter Lee Seon-ae]
▲Megastudy Education=Completed renewal of exclusive contract for instructor Hyun Woo-jin, which was about to expire
▲Hwail Pharmaceutical=Suspended raw material production at Sangsin-ri plant worth 106.9 billion KRW since the fire on the 30th of last month, accounting for 10.32% of sales; resumption date undecided
▲Canaria Bio=Decided on a third-party allotment capital increase worth 19.9 billion KRW (971,770 shares) to Sejong Medical; new share issuance price is 20,581 KRW. Scheduled listing date of new shares is January 18, 2023
▲BioSolution=Terminated exclusive domestic sales supply contract for 3.3 billion KRW worth autologous cartilage cell therapy product CartiLife with Korea Mundipharma
▲S-Energy=Decided on debt forgiveness worth 15.9 billion KRW for subsidiary S-Energy USA corporation
▲Korea Technology=Decided to issue 3 billion KRW worth of 27-company anonymous, interest-bearing, unsecured private convertible bonds targeting Golf Story and others to secure operating funds
▲EV Suseong=Changed to co-CEO system with Jang Tae-hoon and Jung Seok-young
▲Sejong Medical=Changed to CEO system under Yoon Byung-hak
▲Kinemaster=Following the passing of CEO Lim Il-taek, Vice President Kim Seok-han is scheduled to serve as acting CEO
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