GS Holdings acquired a 2.72% stake in Hansol Chemical from Chairman Cho Dong-hyuk for 55 billion won ($41.5 million), shifting the largest shareholder position to the National Pension Service and raising speculation over strategic responses to South Korea's expanded 3% voting rights rule.
#YonhapInfomax #GSHoldings #HansolChemical #StakeAcquisition #NationalPensionService #3PercentRule #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=78528
GS Acquires 2.72% Stake in Hansol Chemical from Chairman Cho Dong-hyuk—'Pure Investment'
GS Holdings acquired a 2.72% stake in Hansol Chemical from Chairman Cho Dong-hyuk for 55 billion won ($41.5 million), shifting the largest shareholder position to the National Pension Service and raising speculation over strategic responses to South Korea's expanded 3% voting rights rule.
GS Holdings acquired a 2.72% stake in Hansol Chemical from Chairman Cho Dong-hyuk for 55 billion won ($41.5 million), shifting major shareholding and reflecting regulatory changes in South Korea's corporate governance.
#YonhapInfomax #GSHoldings #HansolChemical #StakeAcquisition #3PercentRule #NationalPensionService #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=78518
GS Acquires 2.72% Stake in Hansol Chemical from Chairman Cho Dong-hyuk – 'Pure Investment'
GS Holdings acquired a 2.72% stake in Hansol Chemical from Chairman Cho Dong-hyuk for 55 billion won ($41.5 million), shifting major shareholding and reflecting regulatory changes in South Korea's corporate governance.
South Korea’s Cabinet has approved a major Commercial Act amendment expanding directors’ fiduciary duties, introducing the ‘3% rule’ on audit committee voting rights, and mandating electronic shareholder meetings for listed firms.
#YonhapInfomax #CommercialAct #FiduciaryDuties #3PercentRule #AuditCommittee #ElectronicShareholderMeetings #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=72120
Expansion of Directors’ Fiduciary Duties and ‘3% Rule’—Commercial Act Amendment Approved by Cabinet
South Korea’s Cabinet has approved a major Commercial Act amendment expanding directors’ fiduciary duties, introducing the ‘3% rule’ on audit committee voting rights, and mandating electronic shareholder meetings for listed firms.
South Korea's National Assembly passed a landmark Commercial Act amendment codifying directors' fiduciary duty to shareholders and introducing the '3% rule' to limit major shareholders' voting rights, aiming to enhance corporate transparency and shareholder protection.
#YonhapInfomax #CommercialAct #ShareholderProtection #3PercentRule #NationalAssembly #CorporateTransparency #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=70625
'Shareholder Protection' Commercial Act Amendment Passes National Assembly—Designated as 'First Livelihood Bill' (Comprehensive)
South Korea's National Assembly passed a landmark Commercial Act amendment codifying directors' fiduciary duty to shareholders and introducing the '3% rule' to limit major shareholders' voting rights, aiming to enhance corporate transparency and shareholder protection.
Democratic Party Pushes for Commercial Act Amendment Including '3% Rule'
South Korea's Democratic Party moves to amend the Commercial Act, aiming to introduce the '3% rule' and strengthen corporate governance standards.
South Korea’s ruling and opposition parties are set for final talks on a Commercial Act amendment, with debate centering on whether to include the ‘3% rule’ limiting major shareholders’ voting rights in audit committee appointments.
#YonhapInfomax #CommercialAct #3PercentRule #NationalAssembly #DemocraticPartyOfKorea #PeoplePowerParty #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=70306South Korea's ruling and opposition parties have agreed to seek a bipartisan deal on Commercial Act amendments expanding directors' fiduciary duties to shareholders, with a key review set for the Judiciary Committee subcommittee on July 2.
#YonhapInfomax #CommercialAct #FiduciaryDuties #DemocraticParty #PeoplePowerParty #3PercentRule #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=70239
Ruling and Opposition Parties Seek Consensus on Commercial Act Amendment—Review Scheduled at Judiciary Committee Subcommittee Tomorrow
South Korea's ruling and opposition parties have agreed to seek a bipartisan deal on Commercial Act amendments expanding directors' fiduciary duties to shareholders, with a key review set for the Judiciary Committee subcommittee on July 2.
South Korea's KOSPI index surged past 2,900 as President Lee Jae-myung's new administration, backed by a supermajority ruling party, fuels hopes for bold capital market reforms and sustained policy-driven gains.
#YonhapInfomax #KOSPI #LeeJaeMyung #PolicyReform #Dividend #3PercentRule #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=67038
[Lee Jae-myung's 5,000-Point KOSPI] Is This Time Different—Beyond the Honeymoon Phase
South Korea's KOSPI index surged past 2,900 as President Lee Jae-myung's new administration, backed by a supermajority ruling party, fuels hopes for bold capital market reforms and sustained policy-driven gains.
South Korea’s ruling Democratic Party has proposed sweeping amendments to the Commercial Act, including immediate enforcement of expanded fiduciary duties for directors and a broader 3% rule, aiming to boost shareholder rights and market trust.
#YonhapInfomax #CommercialAct #DemocraticParty #FiduciaryDuty #3PercentRule #ShareholderRights #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=66323
Ruling Party Proposes Tougher Commercial Act Amendments—Immediate Enforcement and Expanded 3% Rule
South Korea’s ruling Democratic Party has proposed sweeping amendments to the Commercial Act, including immediate enforcement of expanded fiduciary duties for directors and a broader 3% rule, aiming to boost shareholder rights and market trust.
Yonhap Infomax News