Hanamicron Co. scrapped its planned demerger after minority shareholders, acting without institutional backing, successfully blocked the move through legal action—marking a new milestone for shareholder activism in South Korea.
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'Power of Retail Investors' Blocks Corporate Split—Hanamicron Scraps Demerger Plan
Hanamicron Co. scrapped its planned demerger after minority shareholders, acting without institutional backing, successfully blocked the move through legal action—marking a new milestone for shareholder activism in South Korea.
Yonhap Infomax
Samyang Holdings to Spin Off Samyang Biopharm via Demerger—Split Ratio Set at 9 to 1
Samyang Holdings will spin off its BioPharm division to form Samyang Biopharm, with a 9:1 split ratio, aiming for a November KOSPI listing and enhanced biotech focus.
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ITC consolidates stake in Oberoi and Leela chains ahead of hotel business demerger - CNBC TV18
ITC hotel demerger news: The move comes as ITC prepares to demerge its hotel business into a new entity, ITC Hotels Ltd, which will manage over 140 luxury properties under six brands, including ITC Hotels, Welcomhotel, and Fortune.
CNBCTV18