Korea Exchange Designates Green Cross as an Unfaithful Disclosure Corporation
The Korea Exchange announced on the 19th that Green Cross will be designated as an unfaithful disclosure corporation due to failure to comply with disclosure requirements. The unfaithful disclosure pertains to the delayed disclosure of a single sales and supply contract (June 14, 2022), which was disclosed late on June 27, 2023. The penalty for the disclosure violation is 8 million KRW.
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