Jeil M&S Delisting Remains on Hold Pending Court Proceedings

• Jeil M&S’s delisting remains on hold pending its application for an injunction suspending the decision.
• A Sept. 17, 2026, delisting decision cited unresolved audit-opinion grounds for fiscal 2024 and 2025.
• Today’s revised fiscal 2024 audit disclosure triggered additional substantive listing-review grounds, including an unqualified audit opinion and fully impaired capital.
• Capital impairment of at least 50% and equity below 1 billion won also triggered additional grounds for designation as an administrative issue.
• No additional designation or listing-review procedures will proceed for now; follow-up action awaits the outcome of litigation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jeil M&S Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261029900332), on October 29, 2026, and is solely responsible for the information contained therein.