Exchange: "EQCell Must Submit Improvement Plan Implementation Details by the 4th of Next Month"
[Asia Economy Reporter Minji Lee] The Korea Exchange announced on the 13th that the one-year improvement period has ended, and companies must submit a report on the implementation of the improvement plan and a confirmation letter from an expert in the relevant field regarding the results of the improvement plan implementation by the 4th of next month.
The Exchange plans to hold a corporate review committee meeting within 20 days from the date of receiving the documents to deliberate and decide on whether to delist the company. If the review results indicate delisting, the KOSDAQ Market Committee will be convened to finalize the delisting decision.
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