Yonhap Infomax NewsKim Ki-soo, former No. 2 shareholder of Daol Investment & Securities, faces his first trial next week on charges of violating South Korea’s Capital Markets Act by failing to report large shareholdings during a high-profile management dispute.
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https://en.infomaxai.com/news/articleView.html?idxno=71980
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#DaolInvestmentSecurities #CapitalMarketsAct #KimKiSoo #ShareholdingDisclosure #ManagementDispute
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=71980
Daol Securities Management Dispute—First Trial for Former No. 2 Shareholder Next Week on Capital Markets Act Violation Charges
The first trial for Kim Ki-soo, former No. 2 shareholder of Daol Investment & Securities, will be held next week on charges of violating South Korea’s Capital Markets Act by failing to disclose large shareholdings, following a two-year management dispute that ended with the sale of his stake to DB Insurance.