Exchange Announces Preliminary Designation of Huayi Brothers Korea as an Unfaithful Disclosure Corporation
[Asia Economy Reporter Kim Hyo-jin] The Korea Exchange KOSDAQ Market Division announced on the 2nd that it has given advance notice of designating Five Brothers Korea as a non-compliant disclosure corporation. This is due to Five Brothers Korea changing more than 50 percent of the amount in a single sales and supply contract. The deadline for deciding whether to designate it as a non-compliant disclosure corporation is the 29th of this month.
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