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ADOR's CEO Min Hee Jin becomes the second largest shareholder - Vimarsana News

ADOR's CEO Min Hee Jin becomes the second largest shareholder

According to the Financial Supervisory Service's Electronic Disclosure System, Min Hee Jin owns an 18% stake (573,160 shares) in ADOR, making her the…

Import car firms accused of sending 'excessive' dividends to headquarters - Vimarsana News

Import car firms accused of sending 'excessive' dividends to headquarters

The Korean offices of foreign car manufacturers are found to have sent their entire net profits and sometimes even more as dividends to their overseas head offices last year, instead of investing in facilities and hiring more personnel in the country, government data showed Tuesday. There are no legal issues with the transfer of dividends to their headquarters, although excessive dividend payouts can lead to deterioration of the financial soundness of domestic branches as they significantly reduce investment capabilities in Korea.

Korea Exchange Relegates SM And YG Entertainment From Blue-Chip Companies To Mid-Sized Businesses - Vimarsana News

Korea Exchange Relegates SM And YG Entertainment From Blue-Chip Companies To Mid-Sized Businesses

SM Entertainment and YG Entertainment are no longer considered blue-chip companies under the Korea Exchange’s classification system. On May 4, according to the Financial Supervisory Service’s Electronic Disclosure System, the Korea Exchange had demoted SM Entertainment and YG Entertainment from blue-chip companies to mid-sized businesses the day before. This is SM’s first relegation in its status since it moved from a venture business to a general business (the former name for blue-chip companies) in March 2008. This is YG’s first relegation in its status since it first became b...

Source: soompi.com