Shareholder activism is expected to have a stronger presence during the annual shareholders meeting season early next year, with vocal activist funds intending to exercise their rights by urging companies to take action to enhance shareholder value.
As the upcoming general shareholders meeting season approaches, activist funds are becoming increasingly busy. Following their focus on dividends last year, their attention this year seems to be focused on initiatives aimed at improving corporate governance and enhancing shareholder rights.
KT&G, South Korea's largest tobacco company, said Thursday that the company has started construction of its fourth overseas manufacturing plant in Kazakhstan. The new plant will be built on a 200,000-square-meter site and is scheduled to be completed by 2025. The company did not disclose how much it would invest in the construction of the Kazakhstan plant. “We expect the new Kazakhstan factory to serve as .
KT&G displays the 2022 Integrated Report : An ESG Overview encompassing sustainability management strategies and performance. The publication has three key.