Industry
[Newsmaker] Kolon TissueGene at brink of delisting, W489.6b at risk of vaporizing
Aug. 26, 2019
Shares of Kolon Group affiliates took a dip Tuesday, following the Korea Exchange’s announcement that it has tentatively to delist Kolon TissueGene. Kolon TissueGene, which had traded at 75,000 won ($62) at its peak, stands at 8,010 won per share, with trading halted and not taking place Tuesday. Kolon LifeScience, the umbrella company of TissueGene, closed at 21.82 percent lower than the previous day at 17,200 won. Kolon fell 5.41 percent. The Korea Exchange (KRX) made the decision the pr