Jeil M&S Delisting Remains on Hold Pending Court Proceedings
Bitget2026/10/29 06:27- Jeil M&S’s delisting remains on hold pending its application for an injunction suspending the decision.
- A Sept. 17, 2026, delisting decision cited unresolved audit-opinion grounds for fiscal 2024 and 2025.
- Today’s revised fiscal 2024 audit disclosure triggered additional substantive listing-review grounds, including an unqualified audit opinion and fully impaired capital.
- Capital impairment of at least 50% and equity below 1 billion won also triggered additional grounds for designation as an administrative issue.
- No additional designation or listing-review procedures will proceed for now; follow-up action awaits the outcome of litigation.
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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