Melpas Files Application to Convene Extraordinary General Meeting of LDT Shareholders… Escalating Control Dispute
Applicant Melpas filed a petition with the Daejeon District Court (Cheonan Branch) to convene an extraordinary general meeting (EGM) of LDT shareholders (filing date: May 21, 2026)
Proposed agenda: election of interim chairman, election of Oh Sang-woon as inside director, election of Ahn Chang-hyun as outside director, removal of auditor Kim Sun-hee, appointment of auditor Chae Soo-gon
This represents a challenge to the incumbent management, potentially leading to prolonged control dispute and increased stock volatility, risk of enterprise value decline
LDT announced it will respond in accordance with legal procedures; investors should monitor litigation progress
[AI Comprehensive Analysis]This disclosure signals the onset of a control dispute, with minority shareholder Melpas seeking court permission to hold an EGM. In the short term, it increases uncertainty and likely negatively impacts the stock price. Future court rulings and EGM outcomes may lead to management changes, requiring close attention to strategic shifts.
KOSDAQ Filing Information
Filing: Filing Of Lawsuit, Etc. (Management Dispute Lawsuit) (Permission To Convene Shareholders' Meeting)