The short-term overheated stock designation period for Daesang Holdings preferred shares (standard code KR708691005) has been extended by three trading days. The Korea Exchange's Securities Market Division announced through a disclosure on the 9th that the extended designation period will run until November 12.

Reason for Extension: Price Disparity Rate Exceeding 50%

This extension follows the price disparity rate between the preferred and common shares, based on closing price, exceeding 50%. The action is grounded in Article 106-2 of the Securities Market Business Regulations and Article 134 of the enforcement rules thereof. Single-price trading will continue to apply during the designation period.

Re-extension if Disparity Exceeds 50% on Expiration Date... No Limit on Number of Extensions

In principle, the short-term overheating designation is lifted from the trading day after the expiration date. However, if the price disparity rate exceeds 50% on the 12th, the designation period will be extended by another three trading days, and single-price trading will continue in that case as well. There is no limit on the number of extensions. Even if trading is suspended during the designation period, the suspended days are included in the single-price trading application period.

"End Date and Release Timing Must Be Distinguished"

The Exchange does not issue a separate market notice even when the designation period ends. Accordingly, the scheduled end date and the actual release timing must be distinguished. This extension is premised on ending on the 12th, but an additional extension may occur depending on the price disparity rate on the expiration date.

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