From today A Shareholders response to the extension April 16 2026
Titi
This is the last one.
Time of writing12:34 AM Views 23
The extension announcement was issued because they couldn't replace the largest shareholder.
Among the companies that issued disclosures like this extension notice, only Jusung Corporation survived; the others had poor results.
The extended public notice means that they are giving you one last chance to replace it.
This extension is not for 6 months or a year; legally it is 3 months, but a conclusion was reached before then.
There is no need to run unconditionally hopeful circuits or view things negatively.
You have to consider both sides and think realistically.
Same persons post from yesterday April 15th before this announcement of an extension
Titi
Oh well!!
Time of writing 2026.04.15. 09:15 Views 455
We were given two years to replace the major shareholder, so we initially trusted the company and signed the agreement, only to be stabbed in the back. This time, we sent a consent form saying we should trust the Soju representative, but they replaced the board because they couldn't trust their good intentions. I simply cannot understand why they waited all this time, trusting the major shareholder's good intentions. When the Soju Solidarity was formed last year, shouldn't they have ignored the major shareholder's good intentions and executed Plan B by combining the Solidarity's stake with friendly shares? What a waste of time and opportunity cost.
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