Sambu Construction, currently under a trading suspension, has submitted an improvement plan to the Korea Exchange regarding its listing eligibility substantive review. Whether its listing will be maintained and trading will resume depends on the future judgment of the Corporate Review Committee, drawing keen attention to the outcome.

The Korea Exchange announced on the 16th through an other-market-notice disclosure that Sambu Construction had submitted the improvement plan that day. Following deliberation by the Corporate Review Committee, the Exchange plans to decide on ▲whether to delist the company ▲whether to grant an improvement period, and ▲whether to resume trading.

Substantive review cause occurred at end of August… deliberation due by November 13

Sambu Construction was notified on August 31 that a cause for a substantive review of its listing eligibility had occurred. It was subsequently designated as a subject of Corporate Review Committee deliberation on September 21, with related procedures proceeding since then, and this submission of the improvement plan is a follow-up step taken ahead of the committee's judgment.

However, the mere submission of the improvement plan does not confirm the maintenance of its listing or the resumption of share trading. The deliberation deadline set by the Korea Exchange is November 13, within 20 business days from the submission date. During this period, the Corporate Review Committee will conduct its deliberation and decide on future measures. Depending on the outcome, Sambu Construction may face delisting or be granted an improvement period, and the resumption of trading is also subject to the decision.

Final conclusion to come from deliberation results and follow-up disclosures

Investors need to focus not on the submission of the improvement plan itself, but on the upcoming deliberation results of the Corporate Review Committee and the Korea Exchange's follow-up disclosures. This disclosure only outlines the deliberation schedule and future decision-making procedures, and no conclusion has yet been reached on whether Sambu Construction's listing will ultimately be maintained.

[This article is based primarily on the Korea Exchange's disclosure dated October 16, 2026, and is not intended to recommend the purchase or sale of any specific stock. The Corporate Review Committee's deliberation results and whether trading will resume may change depending on future decisions. Investment judgments and responsibilities rest with the investor, and AI assistance was utilized in writing this article.]