[E-Daily Reporter Kwon Oh Seok ] The KOSDAQ Market Division of the Korea Exchange announced on the 29th that NPK CO., LTD(048830)could be designated as a “monitored stock” due to its market capitalization falling below 20 billion won. Pursuant to Article 53 of the KOSDAQ Market Listing Regulations and Article 2 of Supplementary Provision No. 2440 to said regulations, a stock is designated as a monitored stock if “the market capitalization of its common stock remains below 20 billion won for 30 consecutive trading days.”
As of today, NPK CO., LTD’s market capitalization has remained below 20 billion won for 25 consecutive trading days, and if this condition persists for another 5 trading days starting on the 30th, the company may be designated as a monitored stock.
As of today, NPK CO., LTD’s market capitalization has remained below 20 billion won for 25 consecutive trading days, and if this condition persists for another 5 trading days starting on the 30th, the company may be designated as a monitored stock.
