Hana Financial Group held a regular shareholders meeting on the 24th and approved an amendment to its articles of incorporation to change its headquarters location from Seoul to Incheon Cheongna International City. The amendment takes effect Sept. 30.
Hana Financial Group plans to establish a groupwide mid- to long-term growth base through the headquarters transfer to Cheongna.
At the meeting, shareholders approved a proposal to reduce the capital surplus and transfer it to retained earnings. The company said it will transfer the full 740 billion won, the allowable amount as of the end of last year, to retained earnings to secure a future tax-exempt dividends pool and expand shareholder returns.
A proposal to introduce an electronic shareholders meeting also passed. With the implementation of the amended Commercial Act, the company established the basis for introducing the electronic shareholders meeting system. A proposal to reorganize the Consumer Risk Management Committee into the Consumer Protection Committee to expand the committee's consumer protection function was also approved.
Shareholders also approved the appointment of Choi Hyun-ja, a professor in the Department of Consumer Science at Seoul National University, as a new outside director, and the reappointment of five incumbent outside directors and inside directors Lee Seung-yeol and Kang Seong-muk.