1. What’s Happening with Kolmar Holdings’ Management Dispute?

On September 15, 2025, Yoon Dong-han and Yoon Yeo-won filed an injunction against CEO Yoon Sang-hyun and Kolmar Holdings with the Seoul High Court. This injunction aims to prohibit the convening and holding of a temporary shareholders’ meeting of Kolmar BNH, and the exercise of voting rights on specific agendas. Given that Kolmar Holdings is the largest shareholder of Kolmar BNH with a 44.63% stake, this lawsuit transcends a simple management dispute and could potentially impact the management control of its subsidiary.

2. Why Did This Dispute Arise?

This report doesn’t provide specific details on the background of the dispute. However, management disputes generally arise from conflicts of opinion among management, demands for improved corporate governance, and disagreements on how to enhance corporate value. It is speculated that a combination of factors contributed to the current situation at Kolmar Holdings.

3. What Impact Will This Dispute Have?

This management dispute is expected to have various impacts on the future of Kolmar Holdings.

  • Increased Management Uncertainty: Prolonged disputes can lead to delays in decision-making, strategic revisions, and disruptions in management activities.
  • Weakened Investor Sentiment: Increased uncertainty may discourage investors from investing in Kolmar Holdings.
  • Impact on Kolmar BNH’s Business: The outcome of the injunction could affect Kolmar BNH’s management strategy and performance.
  • Increased Stock Volatility: Stock price volatility is likely to increase depending on the outcome of the lawsuit and the progress of the management dispute.

4. What Should Investors Do?

Investors should carefully consider the following factors when making investment decisions.

  • Thorough Information Gathering: Stay informed about the situation through news related to the management dispute, public disclosures, and expert analysis.
  • Risk Management: Manage risk by adjusting the weighting of Kolmar Holdings within your investment portfolio.
  • Maintain a Long-Term Perspective: Instead of reacting emotionally to short-term stock price fluctuations, assess the company’s value from a long-term perspective.