[Asia Economy Reporter Jang Hyowon] Audin Futures announced on the 20th that it is responding swiftly and actively in accordance with proper procedures to the injunction request to prohibit new share issuance filed by minority shareholders in January.
Audin Futures stated, “Kim & Jeon Law Firm, which is representing the lawsuit regarding the injunction request to prohibit new share issuance filed by minority shareholders, has not yet received the court summons from the Seoul Central District Court for over a month due to requests for supplementary materials and applications for extension of correction.” They added, “We are responding swiftly and actively in accordance with proper procedures regarding this lawsuit.”
Meanwhile, it is known that Kim & Jeon Law Firm recently had a similar injunction request seeking temporary status to prohibit new share issuance against Medicox dismissed by the Seoul Central District Court in July last year.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
