Korea Exchange: "Seyoung D&C Faces Delisting Review Due to Embezzlement and Breach of Trust Allegations"

by Lee Seonae

Published 19 Jan.2022 14:31(KST)

[Asia Economy Reporter Lee Seon-ae] The Korea Exchange KOSDAQ Market Division announced on the 19th that Seyoung DNC has triggered a cause for a substantial review of listing eligibility pursuant to Article 56, Paragraph 1, Subparagraph 3, Item (na) of the KOSDAQ Market Listing Regulations in relation to ‘occurrence of embezzlement and breach of trust charges’.