Dynamic Design to Eliminate Deficit via 10:1 Stock Consolidation and Capital Reserve Transfer - Improving Financial Structure
- Convening of the 1st Extraordinary General Shareholders' Meeting for 2026 to be held on June 15.
- Agenda: 10:1 reverse stock split (90% reduction) to improve financial structure and transfer 133.2B won from capital reserves to retained earnings.
- Accumulated deficit of 152.2B won fully eliminated; total equity unchanged at 49.3B won, shares reduced to 4,223,666.
- Reverse split exempt from creditor objection procedures under Article 498 of the Commercial Act.
- Reserve transfer conditional upon effectuation of the capital reduction.
- Aims to lay foundation for shareholder return policies and secure future dividend resources.
- Outside director attendance: Choi Hong-sik and Choi Yoon-jung 100%, Ahn Young-kyu 67%.
- Board committees: Internal Transaction Committee, Compensation Committee, etc.
- Company is a tire mold manufacturer with ~3% global market share.
ADVERTISEMENT (250px+)
KOSPI Filing Information
- Filing: Notice of Convocation of Shareholders' Meeting
- Company: Dynamic Design (145210)
- Submission: Dynamic Design Co., Ltd.
- Receipt: 05-06-2026