Korea Exchange to shelve plan to delist some small-cap stocks after court rulings
The Korea Exchange (KRX) said Wednesday it decided to shelve a plan to delist some small-cap stocks after a court upheld injunctions in favor of two firms that faced delisting over tightened rules on market capitalization. The decision came after the Seoul Southern District Court accepted injunctions separately filed by two listed firms — Jooyon and KM Pharmaceutical — last Friday. The two firms,…
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