Korea Securities Depository (KSD) said on the 30th that a total of 231.82 million shares across 52 issues will be released from mandatory holding registration in October.
Mandatory holding registration means that, to protect general investors, shares owned by the largest shareholders and others are registered with Korea Securities Depository (KSD) for a set period to restrict their disposal.
Among Kospi-listed issues, 22.1 million shares of Doosan Robotics will be released from mandatory holding registration. That is 34% of the total number of shares outstanding. ▲ Camus ENC, 24% ▲ JOOYONTECH, 11% ▲ SK bioscience, 2% are also scheduled to be released from mandatory holding.
Mandatory holding registration will also be lifted for 48 Kosdaq issues. Those with high ratios of released shares to total shares outstanding include ▲ KZ Precision, 70% ▲ Bellock, 51% ▲ Purit, 49% ▲ PINTEL, 46% ▲ AI KOREA, 36% ▲ Cell Bio Human Tech, 33%.