Exchange Delays Decision on Resuming Ostem Implant Trading (Update)
[Asia Economy Reporter Kwon Jae-hee] The resumption of trading for Ostem Implant, which was suspended due to an embezzlement case involving 200 billion won, has been postponed.
On the 29th, the Korea Exchange Corporate Delisting Committee decided to continue the review of the substantive examination on Ostem Implant's listing eligibility.
The decision on whether to resume trading or delist Ostem Implant has been deferred.
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Previously, Ostem Implant's former finance team leader, Mr. Lee (45), embezzled 221.5 billion won of company funds, leading to the suspension of trading since January 3. The embezzled amount is the largest in the history of the domestic stock market.
This content was produced with the assistance of AI translation services.
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