[Edaily Reporter Park Sun-Yeop ] Daeruk Jeogwan ( DaeryukCan(004780)) announced on the 15th that it has been notified of a pending designation as a company with inadequate disclosure for failing to disclose a change of 30% or more in its revenue or profit and loss structure.
The date on which the grounds for disclosure arose was February 5. The exchange plans to follow the relevant procedures and decide by August 10 whether to designate DaeryukCan as a company with inadequate disclosure and determine any penalty points to be imposed.
DaeryukCan currently has 0 penalty points accumulated over the past year for non-compliant disclosures.
If the company is ultimately designated as a non-compliant discloser and the penalty points imposed for this incident total 8 or more, trading in its shares may be suspended for one day. If the cumulative penalty points over the past year reach 10 or more, the company may be subject to a substantive review of its listing eligibility.
The date on which the grounds for disclosure arose was February 5. The exchange plans to follow the relevant procedures and decide by August 10 whether to designate DaeryukCan as a company with inadequate disclosure and determine any penalty points to be imposed.
DaeryukCan currently has 0 penalty points accumulated over the past year for non-compliant disclosures.
If the company is ultimately designated as a non-compliant discloser and the penalty points imposed for this incident total 8 or more, trading in its shares may be suspended for one day. If the cumulative penalty points over the past year reach 10 or more, the company may be subject to a substantive review of its listing eligibility.