Correction to EGM Convening: Capital Reduction, Board Changes
- EGM convening corrected on 2026-06-01: agenda updated, no electronic voting
- Key agenda: financial statement approval, removal of 4 directors, appointment of 7 directors, capital reduction (5:1), compensation limits
- Re-proposal of items that failed at 45th AGM (2026.03.31) due to lack of quorum
- Capital reduction: reverse stock split, 5 shares merged into 1
- New directors: Jo Kwang-sik (PNC Tech Chairman), Im Kyu-ho (ex-Gwangmyeong Electric MD), Park Kyung-shin (Daesong Construction), Jo Min-ki (PNC Tech R&D)
- New outside directors: Kim Byung-ho (Dasany Invest CEO), Kim Sung-nam (ex-KT), Kim Min-soo (Raontech VP)
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KOSPI Filing Information
- Filing: [Correction of Description] Resolution on Calling a Shareholders' Meeting
- Company: Kwang Myung Electric (017040)
- Submission: Kwang Myung Electric Co., Ltd.
- Receipt: 05-15-2026
- Under KRX KOSPI Market Division