Free Capital Reduction of 32.23% to Improve Financial Structure
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CCS Chungbuk Broadcasting decides free capital reduction merging 1.476 shares into 1 share (reduction of 32.23%)
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Reduction record date: June 22, 2026; new shares listing expected: July 10, 2026
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Capital reduction of 10.5 billion won (from 32.576 billion to 22.076 billion)
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Reason: improvement of financial structure through deficit coverage
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Company's stock has been suspended since June 2025 due to listing eligibility review; awaiting delisting decision
KOSDAQ Filing Information
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Filing: [Correction of Description] Report on Major Matters (Decision on Capital Reduction)
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Company: Korea Cable T.V Chung-Buk System (066790)
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Submission: Korea Cable T.V Chung-Buk System Co., Ltd.
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Receipt: 05-21-2026