KoAsia Optics, Last Year's Audit Opinion 'Unqualified'... Accelerating Resumption of Stock Trading

[Asia Economy Reporter Hyunseok Yoo] KoAsia Optics (formerly Dios Tech) is accelerating its management normalization and the resumption of stock trading after receiving an "unqualified" audit opinion last year. It has been about two months since KoAsia effectively participated in management.

On the 12th, KoAsia Optics announced, "We received an unqualified opinion from the external auditor, Dasan Accounting Corporation, on the financial statements for the last fiscal year," adding, "With the enhancement of management transparency through the change of the largest shareholder, we are one step closer to resuming stock trading."

In December last year, KoAsia Optics appointed new executives from KoAsia, including CEO Heejun Lee, as new management through an extraordinary general meeting of shareholders. Subsequently, in January, the largest shareholder was changed from Dios Holdings to KoAsia Cape No.1 Investment Association.

The company’s strategy is to focus its core capabilities on the camera lens business based on the stable management rights of KoAsia, a strategic investor (SI). It also plans to create synergy effects with KoAsia CMB, a camera module specialist located in Vietnam.

The company explained, "We will enhance KoAsia Optics' corporate value by leveraging KoAsia's global network and IT component manufacturing competitiveness," and added, "Various measures to enhance shareholder value are also under consideration."

A KoAsia Optics official emphasized, "We will achieve performance growth based on an annual production capacity of 300 million units, one of the largest scales in the country."

This content was produced with the assistance of AI translation services.