Hyosung Announces Preliminary Designation as a Non-Compliant Disclosure Corporation
[Asia Economy Reporter Ji Yeon-jin] Korea Exchange announced on the 10th that it will designate Hyosung as an unfaithful disclosure corporation due to delayed disclosure of major management matters of its subsidiary.
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Hyosung will undergo a review by the Securities Market Listing Disclosure Committee to determine whether it will be designated as an unfaithful disclosure corporation, the penalty points to be imposed, and whether a disclosure violation fine will be imposed.
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