Coloray International Investment, which resumed trading after a reverse stock split, is plunging in early trading on the 10th.
As of 9:29 a.m., Coloray International Investment shares on the KOSDAQ market are trading at 1,894 won, down 27.15% (706 won) from the previous trading day.
Earlier, Coloray International Investment disclosed that it decided on a 5-for-1 reverse stock split of common shares in March. Accordingly, the par value per share changed from 1,381 won before the split to 6,904 won after the split. The total number of issued shares also changed from 64,041,675 before the split to 12,808,335 after the split.
Afterward, the reverse-split share certificates were relisted with changed details, and trading resumed from this day.
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