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News 2026-10-16 08:19 UTC

Bonne Faces Shareholder Lawsuit Seeking to Void Convertible Bond Issues

Bonne faces a shareholder lawsuit seeking to invalidate its fifth and sixth issues of unregistered, coupon-bearing, unsecured privately placed convertible bonds. Each issue totaled 10 billion won; both were issued Aug. 28, 2026. * The lawsuit was filed Sept. 22, 2026, in Seoul Central District Court; the company receiv