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Capro Shares Plummet Over 90% on First Day of Delisting Trade
Process Industries · Chemicals: Major Diversified · yonhap_finance · 2026-09-08
006380
Capro shares plunged more than 90% as the company began its delisting process, following a court rejection of its injunction against the delisting.
What Happened
Delisting Commences: Capro, a chemical manufacturer, saw its share price plummet by over 90% on the first day of its delisting trade. As of 9:37 AM, the stock was trading at 300 won, down 91.8% from its last closing price.
Reasons for Delisting: The company faced severe financial difficulties, including capital impairment and declining revenue, which led the Korea Exchange to initiate delisting procedures. After multiple reviews by the Corporate Review Committee, the exchange finalized the decision to remove the stock from the market.
Legal Hurdles: Capro attempted to halt the delisting process by filing for an injunction, but the court rejected the request on the 1st. Consequently, the exchange proceeded with the scheduled delisting trades, which are set to continue until the 16th.
Investor Caution: Given the nature of delisting trades, the stock is expected to experience extreme volatility. Investors are advised to exercise extreme caution as the company prepares to exit the public market.