On the 6th, the first day of liquidation trading, IHQ, an affiliate of KH Group, and KH Feelux are plunging more than 90%.
As of 9:48 a.m. that day on the KOSDAQ market, iHQ Inc. is trading at 800 won, down 9,960 won (92.57%) from the previous session. KH Feelux is also trading at 484 won, down 4,826 won (90.89%).
Earlier, the Korea Exchange (KRX) disclosed that iHQ Inc. and KH Feelux will undergo liquidation trading procedures from the 6th to the 14th of this month. Both iHQ Inc. and KH Feelux are proceeding with delisting due to a disclaimer of opinion from auditors. The two corporations will be delisted on the 15th after liquidation trading ends.
JangWonTech, KH Mirae Corporation, and KH Construction are scheduled to be delisted on the 14th after liquidation trading from the 5th to the 13th, one trading day earlier than the two stocks. On the first day of liquidation trading, the 5th, KH Mirae Corporation plunged 92%, KH Construction 94%, and JangWonTech 43.4%, and they are continuing to fall that day.