SEOUL, March 16 (Korea Bizwire) — SK Telecom Co. South Korea’s top mobile phone operator, announced on Sunday that it will hold a shareholder’s meeting online on March 26 due to the coronavirus spreading worldwide. The decision comes as the company seeks to bolster its shareholder-friendly management by helping shareholders to participate in the meeting [...]
SEOUL, Mar. 27 (Korea Bizwire) — Shareholders of Korean Air Lines Co. on Wednesday voted against the reappointment of the airline chief Cho Yang-ho as director of the board. Seventy-four percent of shareholders attended an annual shareholders’ meeting held at the airline’s headquarters in western Seoul. Sixty-four percent of participants voted for Cho’s reappointment, a [...]
SEOUL, Mar. 25 (Korea Bizwire) — In this year’s season of shareholders’ meetings, shareholder proposals made by activist funds are being rejected one after another, leading many to retract from their original expectation that shareholder activism would make a strong impact on corporate management. At the shareholders’ meetings for Hyundai Motor Co. and Hyundai Mobis [...]
SEOUL, Mar. 23 (Korea Bizwire) — Samsung Electronics Co. said Friday it is expecting a better future for its smartphones and semiconductors this year on the improved performance in China and demand for premium chips. The South Korean tech giant held a shareholders meeting, where heads of each divisions delivered the latest updates of respective [...]