Samyang's Subsidiary Obtains Stay of Execution for 130.2 Billion Won FTC Fine
The execution of the fine of 130,251,000,000 KRW (6.69% of equity capital of 1.95 trillion KRW) imposed by the Fair Trade Commission on subsidiary Samyangsa has been stayed until June 30, 2026, by a Seoul High Court decision.
On May 12, 2026, the company received the decision on the application to revoke the fine payment order (Case No. 2026Nu3904) from the Seoul High Court.
The original correction filing was for extension of installment payment deadlines, but the court decision temporarily suspends the payment obligation, and the previous installment schedule has been removed.
The company will re-disclose if there are any changes in the final fine amount or other material matters.
KOSPI Filing Information
Filing: [Correction of Description] Imposition of Fines, etc. (Major Management Matters of Subsidiary)