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S. Korea to Introduce Multiple Voting Rights for Non-listed Venture Startups

S. Korea to Introduce Multiple Voting Rights for Non-listed Venture Startups

SEJONG, Oct. 16 (Korea Bizwire) — South Korea’s finance minister said Friday that the government plans to introduce multiple voting rights for non-listed venture startups to help shareholders strengthen their control over companies. Finance Minister Hong Nam-ki said the scheme is aimed at encouraging venture startups to get major investment deals, while defending companies against [...]