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SI RESOURCES CO.,LTD. Appeal in convertible bond issuance invalidity suit dismissed by Seoul High Court

SI RESOURCES CO.,LTD.· Litigation

AI summary · Not investment advice

On November 12, the Seoul High Court rejected Kim's appeal in the suit asking to void the issuance of bonds that can later be turned into shares.

Key facts

Plaintiff/Applicant
Kim OO
Court
Seoul High Court
Ruling
1. All of the plaintiff's appeals against the defendants are dismissed. 2. The plaintiff shall bear the appeal costs.
Ruling date
Nov 12, 2026
Case
Lawsuit for confirmation of invalidity of convertible bond issuance, etc.
Case number
2026Na202837
Grounds for ruling
The first-instance judgment reached the same conclusion and is therefore proper, so all of the plaintiff's appeals against the defendants are without merit and are dismissed.
Date confirmed
Nov 13, 2026The date the company confirmed the court's decision through its litigation counsel.
Original filing disclosure date
Report on Material Matters dated 2025.10.14; Lawsuit judgment/decision disclosure dated 2026.04.24; Report on Material Matters dated 2026.08.11

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