Just-In: Delio CEO Announces Phased Withdrawal Resumption
Delio Resumes Withdrawals During the investor briefing, Delio CEO Jeong Sang-ho informed attendees that the company would gradually resume withdrawal services. However, the CEO emphasized that the situation remained fluid, as it depended on the circumstances surrounding Haru Investment and B&S, two entities closely associated with Delio’s operations. advertisement Jeong acknowledged that Haru Invest was undergoing bankruptcy procedures, leading to uncertainties in guaranteeing the initially promoted rate of return for deposit products. Despite the challenges, the CEO assured investors that plans were in place to recover the losses incurred. To compensate for the losses, CEO Jeong expressed Delio’s commitment to securing as much capital as possible, including considering a paid-in capital increase from a third party. While this statement aimed to instill confidence among investors, the CEO did not disclose specific details regarding the timing of r...