LIS, Notice of Designation as a Non-compliant Disclosure Corporation
[Asia Economy Reporter Han Jinju] LIS was notified on the 22nd by the Korea Exchange KOSDAQ Market Headquarters that it is scheduled to be designated as a non-compliant disclosure corporation due to delayed disclosure of litigation and other rulings/decisions (disclosure non-fulfillment).
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According to the KOSDAQ Market disclosure regulations, if a company is designated as a non-compliant disclosure corporation and accumulates 8 or more penalty points in the current year, its trading may be suspended for one day. LIS has accumulated 9.5 penalty points in the past year.
This content was produced with the assistance of AI translation services.
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