Korea Securities Depository (KSD) said on the 31st that 402.89 million shares of 55 listed companies, including TAEYOUNG E&C and Hanon Systems, are scheduled to be released from mandatory holding registration next month.
Mandatory holding registration is a system that locks up shares with the depository for a set period to restrict the disposal of equity by major shareholders, in order to protect general investors.
In the main stock market, five companies will be released from mandatory holding registration. They are TAEYOUNG E&C, Hanon Systems, Exicure Hytron, AJU Steel, and SEONG AN Materials. The total comes to 199.73 million shares.
In the KOSDAQ market, 203.16 million shares of 50 companies, including Nara Space Technology, Polaris Sewon, GENCURIX, and SYNIC Solution, are expected to come onto the market.
Companies with a high ratio of released shares to total shares include BEAUTYSKIN (43%), OBZEN (42%), and Alticast (30%). Listed companies with a large number of released shares were tallied as KPM Tech (19.54 million shares), Alticast (17.97 million shares), and ACE Technologies (14.86 million shares).