Must Asset Management, holding a key stake in Refine, has denied greenmail allegations as the largest shareholder eyes a voluntary delisting, pledging not to seek a premium exit and signaling its strategy will focus on tender offers or dividends.
#YonhapInfomax #MustAssetManagement #Refine #Greenmail #VoluntaryDelisting #ShareholderStake #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=75334
Refine Faces 'Greenmail' Allegations—Must Asset Management Denies Any Such Intent
Must Asset Management, holding a key stake in Refine, denies greenmail allegations as voluntary delisting speculation intensifies; focus shifts to tender offer or dividends.
Taekwang Industrial has filed a complaint with South Korea’s financial regulator, accusing Truston Asset Management of greenmail tactics by demanding a high-priced tender offer and selling shares ahead of a block deal, raising concerns over market manipulation and regulatory breaches.
#YonhapInfomax #TaekwangIndustrial #TrustonAssetManagement #TenderOffer #Greenmail #MarketManipulation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=74111
Taekwang Industrial Files Complaint Against Truston Asset Management Over 'Greenmail' Allegations
Taekwang Industrial has filed a complaint with South Korea’s financial regulator, accusing Truston Asset Management of greenmail tactics by demanding a high-priced tender offer and selling shares ahead of a block deal, raising concerns over market manipulation and regulatory breaches.
Yonhap Infomax News