Woojinntec says court temporarily suspends 3-month public tender ban pending ruling

Bitget2026/10/02 11:16

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Woojinntec corrected its disclosure on a planned suspension of transactions tied to a three-month public-sector bidding restriction.
A Seoul Administrative Court interim stay froze the effect of the bidding ban pending a decision in case 2026Ah13807.
The previously disclosed start date of Oct. 12, 2026 was withdrawn. The suspension period will be updated once the court rules.
The affected customer group covers state entities. Related 2025 sales totaled KRW 42.08 billion, or 93.9% of annual revenue.
Woojinntec filed a lawsuit to overturn the sanction plus a request for an injunction on Oct. 1, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Woojinntec Inc. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261002901035), on October 02, 2026, and is solely responsible for the information contained therein.

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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Woojinntec says court temporarily suspends 3-month public tender ban pending ruling

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