S&NP is showing a decline in the 90% range on the first day of its trading suspension.
As of 9:07 a.m. on the 28th, S&NP is trading at 250 won, down 2,515 won (90.96%) from the previous transaction.
S&NP, a first-generation startup investment company based on ShinYoung Technology Finance, was listed on the KOSDAQ market in 1989. At one time, it invested in Com2uS and WEBZEN, recording over 800% revenue, but faced delisting due to a denial of audit opinion in March of last year.
The Korea Exchange announced on the 26th that it would conduct a transaction for S&NP from the 28th to September 5, following the decision to delist the company. As a result, stock transactions, which had been suspended since March 20 of last year, have resumed. The final delisting date is September 8.