statements. The request was made on the ground that the independent financial advisor is in process of exploring and gathering documents and evidence as well as more information from overseas authorities for

fines. Meanwhile, the SEC is nearly complete the evidence-gathering process concerning other SHIN-related allegations of which the SEC Board directed a thorough and urgent examination, including the

, requiring the company to consider the need for organizing mass gathering activities. Under the circumstances, the company has less income from training activities or seminars. Moreover, the six-month of

May 8, 2015 and deadline extension for Q1/2015 financial statements, due on May 15, 2015, reasoning that the company is in the process of gathering related documents and evidence for auditor

extended deadline because the new financial advisor whom PACE has appointed to appraise the fair value measurement of the investment is still gathering and analyzing data and information from many sources to

requested for an extension of deadline to submit the rectified 2014 financial statements, previously set to be submitted by May 27, 2015. The company reasoned that it was in the process of gathering relevant

a number of persons residing in different places and those persons were required to provide explanation and evidences, gathering facts in this case was relatively time-consuming. However, the SEC now

to consider the necessity for activities involving large gathering of people, which may cause risks of person-to-person transmission. The Company has been closely monitoring the situation and is

Metropolitan Administrative announcement, dated 27 March 2020, Subject: Temporary Closure of the Premises (No.4), and requested to consider activities involving gathering, which may promote person-to-person

, the SEC is in the process of gathering information for taking appropriate actions under its authority. Information contained in this news release is as of the aforementioned release date. For those who