[Edaily Reporter Kim Saemi] Following its lawsuit to overturn the resolutions of Dentium’s regular shareholders’ meeting, Align Partners has filed for a preliminary injunction to suspend the duties of an outside director.
Dentium announced on the 16th that Align Partners Asset Management, Samsung Securities, and Align Partners Korea Fund LP have filed a petition with the Suwon District Court for a provisional injunction to suspend the duties of outside director Kim Hee-taek.
This injunction seeks to prevent outside director Kim Hee-taek from performing his duties as an outside director of Dentium until the final judgment is rendered in the case seeking the annulment of the resolutions passed at Dentium’s regular shareholders’ meeting held on March 31. The right to be protected is the right to request the annulment of shareholders’ meeting resolutions pursuant to Article 376 of the Commercial Act.
Previously, on the 10th, Align Partners filed a lawsuit against Dentium seeking the annulment of the shareholders’ meeting resolution. This provisional injunction is interpreted as a request to temporarily restrict the performance of duties by the outside director appointed at that shareholders’ meeting until the outcome of the main lawsuit is determined. The application for the provisional injunction was filed on the 1st.
A Dentium official stated, “We plan to respond in accordance with legal procedures,” adding, “We will disclose any future developments or confirmed facts without delay.”