Mirae Corporation Stock Split and Articles Amendment Approved at EGM… Liquidity Improvement Expected but Limited Price Impact

Mirae Corporation held an extraordinary general meeting on June 24, 2026, to vote on a stock split and amendments to its articles of incorporation.
The agenda was passed with 100% approval from 40.6% of outstanding voting shares.
The par value will be reduced from 500 KRW to 100 KRW, increasing the number of shares fivefold without affecting existing shareholders' equity value.
The articles amendment includes mandatory governance improvements such as renaming outside directors to independent directors, adjusting ratios, and introducing electronic documents in line with revised commercial law.
[AI Summary]Mirae Corporation's stock split and articles amendment are neutral events that enhance liquidity and governance transparency without diluting shareholder value. Investors should focus on mid-to-long-term business performance rather than short-term momentum.