KSD "Scheduled to Lift Mandatory Holding Registration for 226.29 Million Shares of 45 Companies in April"
[Asia Economy Reporter Minji Lee] The Korea Securities Depository announced on the 30th that a total of 226.29 million shares from 45 listed companies with mandatory holding registration are scheduled to be released next month.
Mandatory holding registration refers to the electronic registration of shares owned by major shareholders, etc., with the Korea Securities Depository for a certain period to restrict their disposal in order to protect general investors according to relevant laws. By securities market, the number of shares is 73.39 million from 4 companies in the KOSPI market and 152.9 million from 41 companies in the KOSDAQ market.
The number of shares to be released from mandatory holding registration represents a 35.1% decrease compared to the previous month (348.67 million shares) and a 17.7% increase compared to the same month last year (192.32 million shares).
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The top three companies in terms of the number of shares to be released are Doosan Heavy Industries & Construction (47.84 million shares), Ivy Kim Young (29.68 million shares), and Zico (23.69 million shares). The top three companies by the ratio of released shares to issued shares are Proicheon (83.17%), Ivy Kim Young (63.81%), and Focus HNS (42.58%).
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