Daegu Department Store Confirms Injunction Barring Share Disposals Linked to Original Buyers

Bitget2026/10/22 11:14

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Daegu Department Store confirmed today an injunction barring share disposals by major shareholders of original buyers Sekyung Invest and Aram Korea.
The sale of 2,795,743 common shares was terminated on Aug. 25, 2026, following the counterparty’s failure to pay the second installment.
Sellers will retain KRW 3.4 billion in deposits and interim payments, with no obligation to refund them.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Daegu Department Store Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261022800778), on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Daegu Department Store Confirms Injunction Barring Share Disposals Linked to Original Buyers

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