The headquarters of Korea Securities Depository (KSD) in Yeongdeungpo-gu, Seoul. /Courtesy of News1

Korea Securities Depository (KSD) said on the 31st that 363 million shares registered under mandatory holding at a total of 50 companies will be released next month.

Mandatory holding registration is a system that electronically registers shares owned by the largest shareholders and others with the depository for a set period so that their disposal is restricted, in order to protect general investors.

In the stock market, 141.24 million shares will be released at four companies, including Myung In Pharm, SEONG AN Materials, KG Mobility, and The Century.

In the KOSDAQ market, mandatory holding registrations will be lifted for 46 companies (221.76 million shares), including Quratis, Irobotics, CreoSG, IMBdx, and Naintech.

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