MP Group Faces Designation as Management Item or Delisting Cause... Trading Suspension
[Asia Economy Reporter Lee Seon-ae] MP Group recently announced on the 17th that it has incurred operating losses for four consecutive fiscal years, resulting in reasons for designation as a management item or delisting. The Korea Exchange KOSDAQ Market Headquarters separately announced that, to protect investors, it will suspend trading of MP Group's stock from today until the date when the decision on whether MP Group is subject to a substantive review of listing eligibility is finalized.
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