Former Advisor Indicted for Embezzlement/Breach of Trust (KRW 3.83B, 0.09% of Equity)
- Former advisor Lee indicted for embezzlement/breach of trust involving Taekwang Industrial affiliates (incident date 2026-05-08, confirmation 2026-05-13)
- Alleged amount KRW 3.83 billion (0.09% of equity of KRW 3.96 trillion)
- Taekwang Industrial itself is not a direct victim; losses are to affiliates
- Amount based on complaint; subject to change upon investigation
- Company will take necessary legal actions
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KOSPI Filing Information
- Filing: Suspected Embezzlement and Breach of Trust
- Company: TAEKWANG INDUSTRIAL (003240)
- Submission: TAEKWANG INDUSTRIAL CO.,LTD
- Receipt: 05-13-2026
- Under KRX KOSPI Market Division