Magic Micro "Has Not Received Complaint Regarding CEO Embezzlement and Breach of Trust"
[Asia Economy Reporter Kwon Jae-hee] Magic Micro responded to the Korea Exchange's inquiry disclosure request regarding the "allegations of embezzlement and breach of trust by the current CEO and others" by stating, "After inquiring with the CEO and others, we received a response that no complaint documents have been received yet." The company announced on the 16th, "We will re-disclose immediately upon receipt of the complaint documents, and will take all necessary measures according to legal procedures for all matters proceeding after the complaint is filed, and will actively cooperate with investigations by relevant authorities."
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