[Editorial] It Is Unacceptable for Large Corporations to Use Tricks and Tactics to Circumvent the Corporate Law Amendment
The recent amendment to the corporate law mandates that listed companies in South Korea must extinguish their treasury stocks within specified time frames, but some companies are allegedly finding loopholes to avoid compliance.
Third Amendment to the Commercial Act Submitted to the National Assembly... The People's Power Party, with Yoon Han-hong as the first speaker, Begins Filibuster
The People's Power Party of South Korea has initiated a filibuster against the third amendment to the Commercial Act, which mandates the mandatory buyback of treasury stocks, soon after it was presented in the National Assembly.
Mandatory ‘Share Buyback Cancellation’ Bill Passes Committee
A bill mandating the cancellation of treasury stocks has successfully passed the legal subcommittee of the National Assembly in South Korea.