T Scientific Major Shareholder Wijit Continues On-Board Purchases... "Strong Response to False Information"

Wizit, the largest shareholder of T Scientific, and its related parties have announced that they are continuing to make ongoing purchases on the market.

According to the Financial Supervisory Service's electronic disclosure system on the 24th, Wizit and its related parties purchased 1 million shares of T Scientific starting from the 16th. The method of purchase was on-market buying. Through continuous on-market stock purchases since the 2nd, the shareholding of the largest shareholder and related parties increased by approximately 1.45%, from the previous 28.10% to 29.55%.

In response, the company stated that amid the recent sharp decline in stock prices, it aims to protect shareholders' rights and has a plan for continuous on-market purchases by the largest shareholder regardless of market conditions, demonstrating a commitment to responsible management.

A company representative said, “Ahead of the T Scientific extraordinary general meeting scheduled for December 4, completely unfounded false claims that the company has caused the recent stock price decline are being spread,” adding, “We will promptly take strong action through relevant judicial and supervisory authorities regarding this matter.”

The company further stated, “To prevent greater damage that may occur to the company in the future and to protect the rights and interests of general shareholders, we will proceed with all possible measures the company can take.”

This content was produced with the assistance of AI translation services.