Korea Securities Depository (KSD) said on the 15th that it held a briefing for major institutional investors in Yeouido, Seoul, on the 11th to prepare for the peak period of next year's regular shareholders meetings.
The briefing was arranged to promote use of K-VOTE, the depository's electronic voting service, and support convenient proxy voting by institutional investors. Thirty-three people from 21 institutions, including pension funds, mutual aid associations, and asset managers, attended.
At the briefing, the depository introduced the K-VOTE service and specialized features for institutional investors. It also presented the status of the electronic shareholders meeting system, which is scheduled to be introduced in 2027, and the electronic shareholders meeting platform that the Korea Securities Depository is building.
Having introduced K-VOTE in 2010 as the first in Korea, the depository plans to improve the domestic proxy voting environment by reflecting the voices of various users, including listed companies and shareholders.
A depository official said, "We will successfully complete the establishment of the electronic shareholders meeting platform and contribute to active proxy voting by shareholders and the strengthening of shareholder rights."