Korea Securities Depository (KSD) said on the 31st that 294.44 million shares of 63 companies on the KOSPI and KOSDAQ markets are scheduled to have their mandatory holding registrations lifted in November.
Mandatory holding registration refers to restricting the disposal of shares owned by major shareholders for a set period by registering them with the Korea Securities Depository (KSD) to protect retail investors.
Among KOSPI-listed issues, 55,299,186 shares of SK Innovation will have their mandatory holding registration lifted, equal to 33% of total shares outstanding. In addition, the amounts to be released as a share of total outstanding are as follows: ◇ Boryung 21% ◇ Gaon Cable 15% ◇ d'Alba Global 10% ◇ BUMYANG Construction Inc. 10% ◇ Kumyang 9%.
On the KOSDAQ market, the mandatory holding registrations to be lifted include: ▲ WONIL T&I 68% ▲ GigaVis 61% ▲ Megatouch 57% ▲ Greenreso 50% ▲ U2Bio 45% ▲ Truen 40%.