Korea Joongang Daily
Korea JoongAng Daily

Kakao prohibits executives from selling shares after listings

Kakao is now prohibiting its executives and executives of related companies from selling shares for a certain period of time following an initial public offering. The rule comes after it was disclosed that executives of Kakao Pay had unloaded ...

2022-01-13

Kakao shares bleed after top execs sold

Kakao Pay executives' dumping of the company's stock continued to depress shares in that company and other Kakao affiliates. Investors dumped shares in Kakao and its subsidiaries Tuesday despite the resignation of a CEO-designate on Monday. Kakao ...

2022-01-11