10 Biggest Chaebol Chairmen"s Shares Increased Sharply
The number of shares which the 10 biggest chaebol owners personally hold in their respective companies increased a great deal this year.According to the Korea Stock Exchange (KSE) on November 13, the 10 biggest chaebol owners increased the number of their retained shares by 31% from 90.32 million early this year to 118.61 million as of November 12.
Their holdings increased by 78.9 billion won from 765.6 billion won to 844.6 billion won.
A source at the KSE said, ' They increased their shares to protect their management authority and control, as the companies issued additional shares to improve their financial state.'
with the Korea JoongAng Daily
To write comments, please log in to one of the accounts.
Standards Board Policy (0/250자)