Lawsuit to Suspend Shareholders' Meeting Resolutions and Appoint Interim Directors (Approval Rate 26.7%)
- Shareholder Im filed a lawsuit on 2026.4.29 (corrected) seeking suspension of resolutions from the 2026.3.31 regular shareholders' meeting and appointment of interim directors
- Most agenda items (financial statements, director/auditor compensation limits, director elections, capital reduction) passed with only 25.2%-26.7% approval of total voting shares (low turnout, but 94%-99.5% approval among votes cast)
- The amendment of articles item failed due to lack of quorum
- Lawsuit seeks to suspend directors Kwon, Jeong, Kim (internal) and Hwang (outside), and appoint Han and Ju as interim directors for Kwon and Jeong
- Company plans to respond through legal procedures
ADVERTISEMENT (250px+)
KOSDAQ Filing Information
- Filing: [Correction of Description] Filing of Lawsuits, Etc. and Application (Management Dispute Litigation) (Suspension of Effect of Shareholders' Meeting Resolution and Application for Execution of Duties)
- Company: Korea Cable T.V Chung-Buk System (066790)
- Submission: Korea Cable T.V Chung-Buk System Co., Ltd.
- Receipt: 04-29-2026
- Under KRX KOSDAQ Market Division