KSD "2,523.3 Million Shares of 41 Companies' Mandatory Holding Registration to be Released in July"
The Korea Securities Depository announced on the 30th that a total of 252.33 million shares of 41 listed companies registered for mandatory holding in July are scheduled to be released.
Mandatory holding registration refers to the electronic registration of shares owned by major shareholders, etc., to restrict their disposal for a certain period at the Korea Securities Depository in order to protect general investors in accordance with relevant laws. By securities market, the KOSPI market includes 6 companies with 128.61 million shares, and the KOSDAQ market includes 35 companies with 123.72 million shares.
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The most common reason for the release of mandatory holding registration was the lifting of resale restrictions (subscription). The top three companies by the ratio of released shares to total issued shares were KB Star Trust Management Real Estate Investment Company (69.73%), Hanse MK (57.12%), and Somagen KDR (54.5%).
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