3S KOREA CO., LTD EGM rejects Articles amendment for reverse stock split
3AI summary · Not investment advice
At 3S's extraordinary general meeting, the partial amendment of the Articles for a reverse stock split was rejected for failing to meet the quorum requirement.
Key facts
- Meeting date
- Nov 3, 2026
- Agenda item 1
- Partial amendment of the Articles of Incorporation (reverse stock split by par value consolidation) — Rejected
- Voting record date
- Sep 29, 2026
Commentary
AI commentary · Not investment advice
What happened
3S put a proposal to a special shareholders' meeting to amend its articles of incorporation for a stock par value consolidation. The proposal was rejected.
In the company's terms
A par value consolidation merges several shares into fewer shares, which reduces the share count. The proposal did not reach the required quorum for a vote (the minimum level needed to pass a resolution), so it failed.
What changes for shareholders
Shareholders who were on the register on the record date were the ones entitled to vote at this meeting. Because the proposal was rejected, the amendment to the articles was not made. The materials do not list any further schedule.
Earlier Shareholders' Meeting filings from this company
| Filed | Title | Key figure · Note |
|---|---|---|
| 26.10.192026.10.19 | Shareholders' Meeting | — |
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