Lonten (2424) to be Designated as Altered Trading Method Stock Due to Low Net Worth
Lonten announced that it has been notified by the Taiwan Stock Exchange (TWSE) that its stock will be designated as an altered trading method stock. This is because the company's net worth in its latest financial report has fallen below one-half of its share capital. The measure will be effective from May 20, 2026.
📋 Article Processing Timeline
- 📰 Published: May 19, 2026 at 06:31
- 🔍 Collected: May 19, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 19, 2026 at 06:37 (5 min after Collected)
Announcement Date: 2026/05/19
Spokesperson Date: 2026/05/18
Spokesperson Time: 18:22:56
Company Code: 2424
Company Name: Lonten
Subject: Announcement of receiving notification from TWSE that the company's listed securities will be designated as an altered trading method stock
1. Date of TWSE's disposition announcement: 2026/05/18
2. TWSE's operating rules clause cited and reason for occurrence:
The company's most recent financial report shows that its net worth is less than one-half of its stated share capital, which falls under the circumstances stipulated in Article 49, Paragraph 1, Subparagraph 1 of the TWSE's operating rules, thus being designated for an altered trading method.
3. Disposition result: Altered trading method
4. Start date of altered trading method/trading suspension/delisting: 2026/05/20
5. Countermeasures: None
6. Other matters to be specified: None
7. (Risk Warning) If the trading of listed securities is suspended for six consecutive months without resumption, the securities may be delisted. Investors are reminded to be cautious about investment risks.: Not applicable
Spokesperson Date: 2026/05/18
Spokesperson Time: 18:22:56
Company Code: 2424
Company Name: Lonten
Subject: Announcement of receiving notification from TWSE that the company's listed securities will be designated as an altered trading method stock
1. Date of TWSE's disposition announcement: 2026/05/18
2. TWSE's operating rules clause cited and reason for occurrence:
The company's most recent financial report shows that its net worth is less than one-half of its stated share capital, which falls under the circumstances stipulated in Article 49, Paragraph 1, Subparagraph 1 of the TWSE's operating rules, thus being designated for an altered trading method.
3. Disposition result: Altered trading method
4. Start date of altered trading method/trading suspension/delisting: 2026/05/20
5. Countermeasures: None
6. Other matters to be specified: None
7. (Risk Warning) If the trading of listed securities is suspended for six consecutive months without resumption, the securities may be delisted. Investors are reminded to be cautious about investment risks.: Not applicable