[Featured Stock] DNA Link Plummets Over 14%... Impact of Notice of Designation as an Unfaithful Disclosure Corporation
[Asia Economy Reporter Park Jihwan] On the 26th, DNA Link stock price sharply declined in early trading.
As of 9:13 AM, DNA Link's stock price was trading at 4,550 KRW, down 14.14% from the previous day.
This is interpreted to be influenced by the Korea Exchange KOSDAQ Market Headquarters' announcement of a preliminary notice designating DNA Link as a non-compliant disclosure corporation the day before.
Previously, on March 10, DNA Link failed to disclose a change in sales or profit structure exceeding 30% (15% for large corporations). The Exchange will decide whether to designate DNA Link as a non-compliant disclosure corporation by April 17.
Hot Picks Today
"Suspicious Timing?"...Trump Traded Stocks After Praising Wartime Capabilities
- Trump Pressures Taiwan to Relocate Semiconductor Industry to U.S., Says "Taiwan Took Away America's Semiconductor Industry"
- There Is a Distinct Age When Physical Abilities Decline Rapidly... From What Age Do Strength and Endurance Drop?
- "I Went to 10 Convenience Stores and Still Couldn't Buy It": The Bread Sensation That Sold 100 Million Units Already [The Way We Shop Now]
- "Contact Me First If Houses Are Built": Wealthy Clients Eyeing... Will Ultra-High-End Residences Worth 20 Billion Won Be Developed? [Real Estate AtoZ]
In the past year, DNA Link has been assigned 10.0 penalty points for non-compliant disclosure. If the cumulative penalty points in the past year, including those from this case, reach 15 or more, DNA Link may be subject to a substantial review of listing eligibility according to the KOSDAQ Market Listing Regulations.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
