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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
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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. ....

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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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