Five preferred stock items that have continuously fallen below the minimum number of listed shares will be delisted.
The Korea Exchange's KOSPI Market Division announced on the 30th that five preferred stock items that have remained below the minimum number of listed shares for two consecutive half-years will be delisted.
The affected items are Samsung Heavy Industries 1 Preferred Stock, SK Networks 1 Preferred Stock, DB HiTek 1 Preferred Stock, Hyundai BNG Steel 1 Preferred Stock, and Heungkuk Fire & Marine Insurance 2 Preferred Stock.
These items will have their trading suspended during the delisting notice period from the 3rd to the 5th of next month, followed by a liquidation trading period lasting seven trading days starting from the 6th.
The delisting date is scheduled for the 17th of next month.
Rootronic 3 Preferred Stock and ShinYoung Securities 1 Preferred Stock have been designated as management stocks due to falling below the minimum number of listed shares or having an average monthly trading volume of less than 10,000 shares.
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