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KT&G shareholders approve CEO nominee despite opposition from IBK, FCP

KT&G succeeded in appointing Senior Executive Vice President Bang Kyung-man as its new CEO, Thursday, overcoming opposition from the Industrial Bank of Korea (IBK), its largest shareholder, and the activist fund Flashlight Capital Partners (FCP), as well as from Institutional Shareholder Services, the world’s leading proxy adviser. ....

South Korea , Taejon Gwangyoksi , Institutional Shareholder Services , National Pension Service , Human Resources Development Center , Industrial Bank , Sungkyunkwan University Law School , Bang Kyung Man , Senior Executive Vice President Bang Kyung Man , Flashlight Capital Partners , Esse Change , Son Dong Hwan , Kwak Sang Wook , Kt G , South Korea , He Korea Times , Orea Times , Orean News In English ,

KT&G faces vote showdown over appointment of new CEO

KT&G, once a government-owned company, has no specific owner and many small shareholders, which is similar to the stock ownership structure of steel company POSCO and telecommunications company KT. ....

South Korea , Baek Byung Yeul , Yoon Suk Yeol , National Pension Service , Industrial Bank , Bang Kyung Man , Esse Change , Flashlight Capital Partners , President Yoon Suk Yeol , Kt Gshareholders , South Korea , He Korea Times , Orea Times , Orean News In English ,

Activisit Tries Webtoons to Lure Young Korean Investor Support

Activisit Tries Webtoons to Lure Young Korean Investor Support
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Ktg Corp , Flashlight Capital Partners ,

Activist funds ramp up efforts ahead of March AGM season

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. ....

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