CCS Changes EGM Date to September in Coordination with Major Shareholder Change Approval Process
CCS filed a correction disclosure on July 14, 2026, postponing the extraordinary general meeting from July 29 to September 18, 2026.
The reason for the change is to align with the pending approval process for the expected change of major shareholder by the Broadcasting Media Communication Commission and to handle the shareholder proposal agenda together.
The shareholder proposal includes the removal of the supermajority clause in Article 36-2 and the replacement of all current directors and auditors with 10 new directors and 1 new auditor.
[AI Summary]This amendment is a procedural step adjusting the meeting schedule and has no direct financial impact on corporate value. However, the simultaneous progress of major shareholder change and shareholder proposal maintains uncertainty over management control and governance.
KOSDAQ Filing Information
[Correction of Description] Resolution on Convening of General Meeting of Shareholders (Extraordinary General Meeting)
Company: Korea Cable T.V Chung-Buk System (066790)
Submission: Korea Cable T.V Chung-Buk System Co., Ltd.