Jung Young-chae, President of NH Investment & Securities, Tests Positive for COVID-19 and Enters 'Self-Quarantine'... "All Employees to be Tested"
[Asia Economy Reporter Lee Seon-ae] Jung Young-chae, CEO of NH Investment & Securities, has tested positive for COVID-19.
According to NH Investment & Securities on the 16th, CEO Jung was confirmed positive for COVID-19 that morning and has entered self-quarantine.
NH Investment & Securities is conducting comprehensive testing for all executives and employees to check for COVID-19 infections.
An NH Investment & Securities official stated, "He is currently scheduled to undergo isolation treatment according to health authorities' guidelines. However, since no significant symptoms have appeared, the quarantine period is expected to be short."
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Meanwhile, CEO Jung is scheduled to attend the Financial Supervisory Service's Optimus Fund disciplinary hearing on the 25th. He had previously been pre-notified of a three-month suspension from duty as a sanction related to the fund suspension incident. Due to self-quarantine, his attendance is currently uncertain. Accordingly, there are industry speculations that the Optimus Fund disciplinary hearing may be postponed. NH Investment & Securities also plans to hold its regular shareholders' meeting on the 25th. An NH Investment & Securities official said, "Since the self-quarantine is expected to end before then, we believe there will be no disruption to the schedule."
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