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)
  • Company: WOONGJIN (016880)
  • Submission: WOONGJIN CO., LTD.
  • Under KRX KOSPI Market Division

  • Shares: 79,927,080
  • Price: 2,095 KRW
  • Market Cap: 167.4 B KRW