KS Industry faces lawsuit seeking injunction to block 4,885,993-share issuance
Bitget2026/09/29 09:37- KS Industry faces a court filing seeking to block or suspend the effect of a planned new-share issuance.
- The plaintiff, Sangsaeng First Cooperative, filed on Sept. 28 in Changwon District Court’s Masan branch.
- The petition targets 4,885,993 common shares priced at KRW 1,228 each, totaling KRW 5.999999404 billion.
- It seeks to bar payment acceptance or allocation of the shares to eMedison or its designee pending a final ruling.
- KS Industry plans to respond through legal counsel under formal court procedures.
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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