| Preparation of a plan for division/split up & report thereof |
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| Resolution of the board of directors & submission of report on split up |
The report should be submitted to the FSC and the KOSPI Market Division as soon as the board decision is made |
| Submission of the application of relisting eligibility review |
KRX would conduct relisting eligibility reivew with the application and attached documents submitted. The review result would be submitted to the Listing Committee for final decision on listing approval. |
| Notification of the result of relisting eligibility review |
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| Submission of the securities registration statement |
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| Resolution of the shareholders’ meeting |
Special resolution |
| Request for submission of old share certificates |
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| Trading Halt |
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| Procedures for protection of creditors |
At the shareholders’ meeting, a special resolution can be adopted that the newly established company takes over the responsibility for the investment liability |
| Registration of split up & report on completion |
Split up should be registered within two weeks after the closing date of shareholders’ meeting or the date of disclosure that can substitute such report |
| Application for relisting |
Submission of the relisting application and supplementary documents |
| Relisting and trading |
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