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Largest shareholder of Kumho Petrochemical goes after managerial control again

Sustinvest Recommends Kumho Petrochemical s Shareholders to Vote FOR CW Park s Proposal

Sustinvest Recommends Kumho Petrochemical s Shareholders to Vote FOR CW Park s Proposal
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Shareholders would be Best Served by Electing [Chul Whan Park] to the Company s Board of Directors at This Time

Shareholders would be Best Served by Electing [Chul Whan Park] to the Company s Board of Directors at This Time Glass Lewis Recommends Voting in Favor of Major Agendas Proposed by Chul Whan Park, the Largest Individual Shareholder and Senior Executive of Kumho Petrochemical News provided by Share this article Share this article Park s proposals present a mid-to-long-term plan with improved dividend policy and capacity for future investments to enhance long-term corporate value. Park could continue to advocate for the various strategic, financial and governance reforms he believes are necessary in order to enhance shareholder value going forward. Park s proposals would be in the best interests of shareholders, given the proposed committee independence, composition, and other specific details such as committee roles.

Intensifying conflicts before proxy season feeding law firms

Intensifying conflicts before proxy season feeding law firms Posted : 2021-03-09 15:55 By Park Jae-hyuk Multiple chaebol family feuds and shareholder activism that will heat up the general shareholders meetings of several listed companies here later this month appear to be creating ample opportunities for domestic law firms to make handsome profits. In addition to Kim & Chang and other large law firms that have scaled up their teams dealing with corporate law and governance structures to cope with the recent Commercial Act revision, boutique law firms are also going all out to take advantage of intensifying conflicts over the control of several conglomerates.

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