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KCGS Advises NPS to Oppose Samsung C&T Merger

KCGS Advises NPS to Oppose Samsung C&T Merger

Seoul, July 9 (Korea Bizwire) – The Korea Corporate Governance Service (KCGS) has advised the National Pension Service (NPS) to oppose the merger between Samsung C&T and Cheil Industries. According to a statement released by the financial investment industry on July 8, the KCGS recently submitted a report suggesting that the NPS should oppose the proposed [...]

Korean Stock Firms Criticize ISS Decision on Samsung Merger

Korean Stock Firms Criticize ISS Decision on Samsung Merger

SEOUL, July 7 (Korea Bizwire) – After the proxy advisory firm Institutional Shareholder Services (ISS) released its report opposing the merger between Samsung C&T and Cheil Industries, the de facto holding company of the Samsung Group, Korean stock companies criticized faults in the advisory report one after another. On July 6, Korea Investment and Securities assumed [...]