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Insung Information Announces Extraordinary Shareholders Meeting

PUBT·11/12/2026 06:30:09
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Insung Information Announces Extraordinary Shareholders Meeting
  • Insung Information will hold an extraordinary shareholders' meeting on November 30, 2026, at its headquarters in Gangnam, Seoul.
  • Shareholders will vote on a 5-for-1 share consolidation, reducing outstanding shares from 50,515,380 to 10,103,076.
  • The consolidation would raise par value from KRW 500 to KRW 2,500 per share, effective December 31, 2026.
  • Proposed articles amendments would increase the minimum independent director proportion from one-quarter to one-third and expand directors' shareholder-protection duties.
  • Trading would be suspended from December 29, 2026, through January 24, 2027, with consolidated shares scheduled to list January 25, 2027.


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. Insung Information Co. Ltd. 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: 20261112000363), on November 12, 2026, and is solely responsible for the information contained therein.