Former CEO Receives Suspended Sentence for Serious Accident Violation
In June 2022, a subcontractor worker died after falling into a chip hopper at the PB plant of subsidiary Daesung Wood Industry Co., Ltd. (serious industrial accident)
Former CEO Kim was found liable for failure to establish and implement safety and health management systems, sentenced to 1 year imprisonment with 2 years probation
The plant was merged into the parent company in December 2022 and closed in October 2023; current operations ceased
Judgment date: May 8, 2026, Incheon District Court
KOSDAQ Filing Information
Filing: Confirmation Of Facts Related To Criminal Punishment For Serious Disasters