SEOUL, March 21 (Korea Bizwire) — As minority shareholders are actively engaged in shareholder activities, the number of listed companies introducing electronic voting systems for shareholder meetings is forecast to reach an all-time high this year. At present, a total of two organizations — the Korea Securities Depository and Samsung Securities Co. — provide listed [...]
SEOUL, Jan. 24 (Korea Bizwire) — South Korean steelmakers are looking into the feasibility of increasing dividends as a way to appease shareholder concern about their switch into a holding company system. Seah Besteel Corp., which announced that it would be converting into a holding company system last Friday, is reviewing the idea of increasing [...]
SEOUL, Nov. 15 (Korea Bizwire) – The number of small shareholders in global tech giant Samsung Electronics Co. surpassed 5 million amid massive stock investment by local retail investors, data showed Monday. Some 5.18 million investors held shares in the top-cap company as of the end of September, triple the tally a year earlier, according [...]
Amsterdam, the Netherlands, May 6 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA) announced that today’s Annual General Meeting of Shareholders (2021 AGM) has re-appointed Mr. Marnix van Ginneken as member of the Board of Management and appointed Mrs. Chua Sock Koong and Mrs. Indra Nooyi as members of the Supervisory Board. The other proposals voted [...]
SEOUL, May 6 (Korea Bizwire) — The number of Samsung Electronics Co. shareholders under 20 years old has marked about a 90-fold increase over the past five years. According to the data from the Korea Securities Depository, the number of underage shareholders at Samsung Electronics reached 115,083 as of the end of last year. They [...]
Amsterdam, the Netherlands, May 7 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will convene an Extraordinary General Meeting of Shareholders (EGM) and publish the agenda with explanatory note shortly. The sole purpose of the EGM is submit to Philips’ shareholders the revised proposal, as announced on April 20, 2020, to declare [...]
Amsterdam, the Netherlands, April 30 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA) announced that today’s Annual General Meeting of Shareholders (2020 AGM) has approved the appointment of Feike Sijbesma and Peter Löscher and the re-appointment of Neelam Dhawan as members of the Supervisory Board. The other proposals voted on at the AGM were also adopted. [...]
DENVER, Nov. 8 (Korea Bizwire) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (the “Company” or “Sundance”) is pleased to announce that Sundance shareholders today voted in favor of the scheme of arrangement in relation to the Company’s proposed re-domiciliation from Australia to the United States (the “Scheme”), under which a newly formed US [...]
SEOUL, May 2 (Korea Bizwire) — The National Pension Service (NPS), a key player in the domestic stock market, included two firms on its blacklist for paying low dividends to shareholders. According to the NPS, a special committee held a meeting on Wednesday last week and voted to reveal that Namyang Dairy Products and Hyundai [...]
CALGARY, Alberta, Aug. 11 (Korea Bizwire) — Butte Energy Inc. (“Butte” or the “Company”) is pleased to announce the results of its Annual General and Special Meeting of shareholders held on August 1, 2017 in Calgary (the “Meeting”). At the Meeting, shareholders holding 77.42% of the issued and outstanding common shares were present or represented [...]