WOONGJIN Subsidiary WOONGJIN EVER SKY Declared Bankrupt, No Impact on Shareholder Value
WOONGJIN's subsidiary WOONGJIN EVER SKY has been declared bankrupt by the Seoul Rehabilitation Court.
The subsidiary's asset proportion relative to WOONGJIN's latest fiscal year is a mere 0.0%, and the bankruptcy has no impact on WOONGJIN's profit or loss.
Attorney Han Jun-ho has been appointed as the trustee, and creditor reporting and investigation schedules are underway.
[AI Summary]The bankruptcy of WOONGJIN's subsidiary WOONGJIN EVER SKY, with an asset proportion of only 0.0%, does not materially affect the parent company's finances or shareholder value. The likelihood of short-term stock price volatility is low, and investment risk is limited.
KOSPI Filing Information
Declaration of Bankruptcy (Major Management Matters of Subsidiary)