Lotte Tour Development Trading Halted... Cause for Substantive Review of Listing Eligibility Occurred
[Asia Economy Reporter Park Sun-mi] Lotte Tour Development's stock trading will be suspended from the 18th due to the occurrence of a substantial review reason for listing eligibility.
According to the Financial Supervisory Service's electronic disclosure system on the 16th, the Korea Exchange announced that it "plans to decide whether Lotte Tour Development falls under the review subject of the Corporate Evaluation Committee due to the disclosure of quarterly sales below 500 million KRW."
Lotte Tour Development's sales for the second quarter of this year amounted to 300 million KRW. According to the KOSPI listing regulations, if a KOSPI-listed company's quarterly sales are below 500 million KRW, a substantial review reason arises. Accordingly, Lotte Tour Development's stock trading will be suspended from the 18th.
Hot Picks Today
Up to 600 Million Won for Semiconductors, 160 Million Won Bonus for Loss-Making Non-Memory… Samsung Electronics Labor and Management Reach Tentative Deal on Unprecedented Performance Compensation (Comprehensive)
- "Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- Opening a Bank Account in Korea Is Too Difficult..."It Costs 150,000 Won Just to Open a Child's Account or Check Card" [Foreigner K-Finance Status]②
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
If Lotte Tour Development is determined to be subject to review on September 7, the suspension of trading will continue, and if it is determined to be excluded from the review, the suspension will be lifted.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
!["Please Help": How Much Do Those Bowing 90 Degrees Really Earn? [Data Pick]](https://cwcontent.asiae.co.kr/asiaresize/307/2026052010120870131_1779239528.png)
