Management Dispute Escalates: Daekwang and Texbreakers File for Inspector Appointment at EGM

Daekwang Co., Ltd. and Texbreakers Co., Ltd. have filed a court application for the appointment of an inspector to investigate the procedural legality and voting processes of the extraordinary general meeting of MOBILE APPLIANCE scheduled for June 29, 2026.
The inspector will examine shareholder attendance procedures, voting rights count, proxy verification, and overall fairness of the meeting proceedings.
This lawsuit is part of an ongoing management dispute and could significantly impact the outcomes of the EGM, warranting investor attention.
[AI Summary]The application for an inspector at the shareholder meeting amid a management dispute highlights governance risk. Short-term stock price volatility may increase, and investors should monitor potential management changes following the EGM. Current market cap is approximately 98.3 billion KRW with a share price of 302 KRW.