Mandatory Holding Registration to Be Lifted for 323.56 Million Shares of 52 Companies Next Month

The Korea Securities Depository announced on January 30 that the mandatory holding registration will be lifted for 323.56 million shares of 52 listed companies next month.

Korea Securities Depository.

Mandatory holding registration refers to the electronic registration of shares owned by major shareholders and others with the Korea Securities Depository, restricting their disposal for a certain period in accordance with relevant laws and regulations to protect general investors.

By market, 16.96 million shares of two companies, including Daehan Shipbuilding and Gaon Cable, will be released from the Korea Exchange, while 306.6 million shares of 50 companies, including LaserOptek and Nota, will be released from the KOSDAQ market.

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