On 8 November 2023, JKN filed a petition for business rehabilitation with the Central Bankruptcy Court. The Court issued an order accepting the rehabilitation petition on the following day, resulting

On 23 April 2024, the Central Bankruptcy Court issued an order to JKN for the business rehabilitation and appointed JKN as the plan administrator on 29 August 2024. Pursuant to the Bankruptcy Act

In the current context of business rehabilitation, there is a more diverse range of guidelines for restructuring debts or funds of Rehabilitation Listed Company. Therefore, to ensure that the

The SEC, having been informed of the progress of the company’s plan for fund raising with the new investors in which a business rehabilitation petition must be filed with the Court, has instructed

provision based on the best estimate of the expenditure required to settle the present obligation by taking into account factors such as the amount of debt relieved by the rehabilitation plan, interest claims

Re: Criteria, Conditions, and Procedure for Application for Waivers for Making Tender Offers for All Securities of Businesses with Objective of Assisting Business Rehabilitation (No. 2)

Re: Criteria, Conditions, and Procedure for Application for Waivers for Making Tender Offers for All Securities of Businesses with Objective of Assisting Business Rehabilitation

rehabilitation to the Central Bankruptcy Court. In this regard, DMF viewed that in the process of rehabilitation under the Bankruptcy Act, a rehabilitation plan preparer and a plan administrator will take control