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#ShareholderRights

Yonhap Infomax Newsinfomaxkorea
2025-12-29

The Korea Exchange (KRX) has announced nine key governance review items for KOSPI-listed firms in 2025, focusing on AGMs to strengthen shareholder rights, with new criteria on meeting notice periods and dividend predictability.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-12-24

Life Asset Management has urged BNK Financial Group to introduce a shareholder-nominated director system, citing governance reform needs as it raises its stake to 4% and the FSS launches an inspection into BNK’s leadership selection process.



en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-12-22

Warner Bros. board urged shareholders to back its merger with Netflix over Paramount's tender offer, highlighting transparency and fiduciary duty, while contrasting with Shinsegae Food's board inaction amid a similar conflict in South Korea.

en.infomaxai.com/news/articleV

PPC Landppcland
2025-12-19

DoubleVerify sued for allegedly not verifying its own claims: Shareholder derivative lawsuit accuses DoubleVerify executives of misleading investors about AI capabilities, bot detection failures, and closed platform challenges during 2023-2025. ppc.land/doubleverify-sued-for

Yonhap Infomax Newsinfomaxkorea
2025-12-15

Korea Zinc’s $2.1 billion US capital increase, structured via a JV, faces legal scrutiny as shareholders challenge its compliance with new fiduciary rules.

en.infomaxai.com/news/articleV

James McRitchie, CorpGov.netcorpgovnet
2025-12-02

Shareholder Proposal Thresholds, although limited primarily to the rich, provide all investors a sense of agency in grounding capital markets. Take action: Submit Comments by Dec 3rd. lnkd.in/gGiH2u7u

Yonhap Infomax Newsinfomaxkorea
2025-12-01

The Korea Corporate Governance Forum has urged lawmakers to remove the 'business purpose' exception from a proposed treasury share cancellation bill, warning it could legitimize excessive holdings and undermine shareholder rights.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-11-28

South Korea’s surging USD/KRW exchange rate, driven by overseas investment demand and weak corporate governance, is prompting calls for reforms to better protect shareholder rights and stabilize the currency.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-11-25

The Democratic Party of Korea aims to pass a Commercial Act amendment by year-end requiring companies to cancel treasury shares within one year, strengthening shareholder rights and curbing misuse in South Korea's capital markets.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-10-24

The National Pension Service has designated LG Chem as a non-public focus company after private engagement failed to resolve concerns over corporate value and shareholder rights, raising the risk of public action if improvements are not made by year-end.

en.infomaxai.com/news/articleV

ClicknMediaClicknMedia
2025-10-14

Mantengu’s legal challenge against the Johannesburg Stock Exchange could reshape corporate governance in South Africa.
The JSE censorship lawsuit, now before the Mantengu High Court, exposes serious questions about transparency, disclosure, and the protection of shareholder rights.

Read the full article:
🔗 africatrademonitor.com/2025/10

Yonhap Infomax Newsinfomaxkorea
2025-09-29

South Korea’s KOSPI index hit record highs as the “Korea Discount” narrowed by 2.2 percentage points, but experts say further reforms are needed to achieve a “Korea Premium,” including legal and market structure changes.

en.infomaxai.com/news/articleV

lvgaldierilvgnyc@lvgaldieri.com
2025-09-08

Reply from the CEO of BacTech Environmental

Well, that was fast. Only a few hours after I published my post about BacTech Environmental this morning, CEO Ross Orr sent this reply — drafted, he notes, by BacTech’s lawyer.

The requirement [when it comes to requesting an extension for holding an AGM] is that an application be made to the court of competent jurisdiction in order to have a waiver/extension of the meeting prior to the deadline. BacTech did not have the means to hold a meeting and neither of the means to pay for legal counsel to ask for an extension.

It is the reason why Resolution  #3 in under the heading “Past annual general/special meetings” exists (page 9 of the Circular). We also ask for the approval that will allow us to move forward with a court order to authorize the failure to respect the CBCA.

Essentially asks that the shareholders to forgive past sins [sic], and if deemed necessary, proceed to a court order, including:

3. The Shareholders, hereby approved, ratify and adopt all past acts of the board during 2021 2022 and 2023, notwithstanding the failure to hold an annual or special general meeting or hereby consent to an order of a court or such applicable security commission if necessary, outstanding any efficient deficiency of the corporation and compliance with Part XII (shareholders meetings), Part XIII (proxy solicitation) and Part XIV (financial disclosure) of the Canada Business Corporations Act for the financial years end of 2021, 2022 and 2023.

While there are technical flaws in this approach, it is an approach which allows clearing them up without the additional cost for legal fees (prior to the meeting), and asking a court to clarify this. The fact that, as a reporting issuer, BacTech has continued to respect its obligations for continuous disclosure, including the filing of financial statements would, in our view, allow a court to proceed with such an order upon our application.

So, the company did not ask the Court for an extension for calling an annual meeting for the same reason it did not hold an annual general meeting: “cost.”

I can appreciate the need to keep the purse strings tight. This is a relatively small company, with a market cap of less than $10 million CAD, trying to do some technically very difficult projects. Still, I wonder if what prevented the company from holding an AGM was not lack of resources so much as lack of resourcefulness — or maybe disordered priorities. I like to think that a company can be both scrappy and responsibly governed.

While I can’t set aside all my initial concerns, I am impressed by the promptness of the reply and its elements of candor (e.g., “past sins,” “technical flaws”). Now to sit down again with the management circular and ballot, and reconsider.

Type your email…

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#BAC #compliance #corpgov #corporateGovernance #investing #shareholderCommunications #shareholderRights

Yonhap Infomax Newsinfomaxkorea
2025-09-03

Retail investors in South Korea have lost 1 trillion won ($845 million) due to stock delistings, sparking calls for greater transparency and accountability from the Korea Exchange, as well as stronger investor relations practices to protect shareholder rights.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-08-29

The amendment to South Korea’s Commercial Act mandates electronic shareholders’ meetings for certain listed firms from 2027, posing operational and compliance challenges as companies prepare for a fundamental shift in corporate governance and shareholder participation.

en.infomaxai.com/news/articleV

eicker.news ᳇ tech newstechnews@eicker.news
2025-08-26

#Intel warned of potential #adversereactions from #investors, #employees, and #customers due to the #Trump administration’s 10% stake in the company. The deal, funded by CHIPS Act funds, could impact #internationalsales and #shareholderrights, with 76% of Intel’s revenue coming from outside the US. cnbc.com/2025/08/25/intel-trum #tech #media #news

Yonhap Infomax Newsinfomaxkorea
2025-08-06

VIP Asset Management CEO Min-guk Kim warns that South Korea's legal reforms still fall short in protecting minority shareholders, citing the Lotte Rental case as evidence that additional safeguards and enforcement mechanisms are needed for true shareholder rights.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-08-01

Truston Asset Management has filed a second injunction against Taekwang Industrial’s exchangeable bond issuance, citing Korea’s revised Commercial Act and escalating a legal battle over shareholder rights and corporate governance.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-07-28

South Korea’s Democratic Party is advancing Commercial Act reforms, seeking public input on civil remedies for breach of trust and a Korean-style discovery system to enhance shareholder rights and corporate transparency.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-07-24

Refine’s largest shareholder converted high-yield exchangeable bonds into shares just three months after issuance, aiming to mitigate legal risks amid activist pressure from Must Asset Management.

en.infomaxai.com/news/articleV

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