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Defendant shall be punished by a fine of three million won.
If the defendant does not pay the above fine, KRW 100,000.
Reasons
Punishment of the crime
On July 14, 2011, the Defendant was sentenced to four years of imprisonment with prison labor for the violation of the Act on the Aggravated Punishment, etc. of Specific Economic Crimes (Embezzlement) at Seoul High Court on September 29, 201, which became final and conclusive on September 29, 201, and on September 14, 2012, the Seoul High Court sentenced three years and six months of imprisonment with prison labor for the violation of the Aggravated Punishment, etc. of Specific Economic Crimes (Embezzlement) in Seoul High Court on September
1. A person who comes to hold stocks, etc. of a stock-listed corporation that violates his/her duty to report holding in bulk shall report to the Financial Services Commission, details of major contracts on holding stocks, etc., and where the aggregate of the number of stocks, etc. held is changed by 1/100 or more of the total number of stocks, he/she shall file a report on the change within five days from the date of such change, and where any change occurs in important matters prescribed by Presidential Decree, such as the terms and conditions of major contracts on the holding, etc
The Defendant did not report to the Financial Services Commission, etc. by July 15, 2009, when he entered into a contract to acquire E shares 2,190,000 shares (22.59%) from F, a actual operator of E, a stock company, on July 8, 2009, on five times until April 30, 2010, including the fact that he did not report to the Financial Services Commission, etc. by July 15, 2009, which was five days or less, on the list of crimes Nos. 1 and 5.
2. Any executive officer or major shareholder of a stock-listed corporation who has violated his/her duty to report the ownership of stocks of an executive officer shall report the ownership of specific securities, etc. owned on his/her own account, regardless of in whose name the executive officer or major shareholder becomes, and, if there is a change in the ownership of such specific securities, etc., report the details thereof to the Securities and Futures Commission
The defendant shall be the Corporation.