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Jeil M&S slashes capital 95.24% via 21-for-1 share consolidation
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Jeil M&S slashes capital 95.24% via 21-for-1 share consolidation
  • Jeil M&S set a capital reduction via share consolidation, cutting common shares outstanding to 7,793,731 from 165,888,193.
  • Paid-in capital to fall to KRW 3.9 billion from KRW 82.94 billion; par value stays KRW 500 per share.
  • Consolidation ratio set at 21-to-1 for existing shareholders’ shares and conversion shares; overall reduction rate 95.24%.
  • CEO Lee Young-jin’s holdings use a 24.2851-to-1 ratio; retail shareholders’ holdings use an 18.356-to-1 ratio.
  • Conversion shares for certain overseas subsidiaries and consenting creditors to be cancelled in full; fractional shares to be cancelled without consideration.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jeil M&S Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261013000001), on October 13, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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