SL Bionics "Plans to Actively Respond to Injunction Lawsuit"
[Asia Economy Reporter Jang Hyowon] SL Bionics announced on the 1st that it has appointed legal representatives to actively respond according to legal procedures regarding the injunction lawsuit filed at Suwon District Court by The Scala Co., Ltd. to suspend the effectiveness of the resolution of the extraordinary general meeting of shareholders.
This injunction lawsuit aims to suspend the effect of the amendment to the articles of incorporation approved at the extraordinary general meeting of shareholders held on August 2, 2019.
A representative of SL Bionics stated, “Currently, the company is conducting normal business activities under a professional management system led by CEO Son Sungjin,” and emphasized, “Rumors and false information spreading on the shareholder bulletin board and SNS are unrelated to the facts.”
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He added, “The malicious lawsuit is causing damage to the company and related parties, and filing a lawsuit now based on matters that occurred in 2019 shows impure intentions,” and “The company plans to appoint legal representatives and actively respond according to legal procedures to prevent damage to shareholders and enhance value due to this lawsuit.”
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