Advanced Digital Chips, a KOSDAQ-listed company under closing trades, was weak early on the 18th.
As of 9:54 a.m., Advanced Digital Chips was trading at 333 won, down 1,247 won (78.92%) from the previous session.
Closing trades will run from today through the 29th, and the stock will be delisted on the 30th.
Advanced Digital Chips, a semiconductor design company that listed on the KOSDAQ market in 2001, previously received a disclaimer of opinion due to uncertainty over its ability to continue as a going concern. After that, on Jun. the KOSDAQ Market Committee of the exchange decided to delist the stock.
The company filed for an injunction to suspend the effect of the delisting decision, but on the 15th the court dismissed it, resuming the delisting process.