Korea Securities Depository noted on the 31st that 446.48 million shares of 57 companies, including Shift Up, will be released from mandatory holding registration in January 2025.
Mandatory holding registration is a system that electronically registers stocks owned by major shareholders and others to restrict their disposal for a certain period to protect general investors.
By market, 71.22 million shares of four companies, including JU SUNG Corporation, Shift Up, DAEYU AETEC, and SAN IL Electric, will be released from mandatory holding registration on the securities market, while 375.26 million shares of 53 companies, including Artist United, WIZIT, MediCox, RAY, Selbion, and Pharmaxen, will be released from registration in the KOSDAQ market.
The top three companies by the number of shares released compared to the total shares issued are ANIQ (74.55%), HYUNDAI HYMS (73.79%), and SAN IL Electric (72.28%).
The top three companies by the number of shares released from mandatory holding registration are AP Healthcare (47.94 million shares), HENG SHENG HOLDING GROUP (39.85 million shares), and HPSP (32.80 million shares).