Mounting Pressure on Expensive Korean Stocks to Split
SEOUL, March 20 (Korea Bizwire) – Shareholders of Amore Pacific Co., South Korea’s leading cosmetics firm whose share price is the most expensive in the country at more than 3 million won (US$2,678), approved a 10-for-1 stock split in a unanimous vote during their annual meeting on Friday, raising questions about who could be next. [...]