The Ulsan District Court dismissed a preliminary injunction that sought to prohibit DKME from holding a shareholder meeting.
The lawsuit filed by applicant Kang was related to a management dispute, and the court ruled the application was improper.
This decision removes legal obstacles to the planned shareholder meeting, contributing to management normalization.
[AI Summary]The court's dismissal of the injunction reduces management dispute risk for DKME and allows the shareholder meeting to proceed, positive for the stock price. However, as a procedural ruling, further disputes may arise, warranting a neutral approach.