Liveplex, Stock Consolidation from 500 Won to 5,000 Won per Share
[Asia Economy Reporter Lim Hye-seon] Liveplex has decided to consolidate its shares to stabilize stock prices and enhance corporate value. Liveplex announced on the 20th that it will consolidate its common stock with a par value of 500 won per share to 5,000 won per share. After the consolidation, Liveplex's common shares will decrease from 125.64 million shares to 13.56 million shares.
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The new shares will be listed on January 25 next year, and the regular trading suspension period is scheduled from January 9 to 22 next year.
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