Kakao shareholder's nationality is disclosed "more than 73% of Koreans"
This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
김지선
stockmk2020@alphabiz.co.kr | 2023-02-23 06:52:37
[Alpha Biz=(Chicago) Reporter Kim Jisun] Kakao unusually unveiled the composition of major shareholders by nationality through a public announcement at this year's shareholders' meeting. The move is interpreted as an attempt to dispel public misunderstandings that a large number of Chinese capital is included in major shareholders.
According to Kakao on the 22nd, Kakao shareholders as of the end of last year are Kim Bum-soo (13.3%), his family company K-Cube Holdings (10.5%), the National Pension Service (6.1%), China's Tencent (MAXIMO PTE. LTD.·5.9%), SK Telecom (2.4%), the Singapore government (1.1%) and the Central Bank of Norway (1%). The distribution of shareholders by country released by Kakao is 73.9% in Korea, 7.3% in Singapore, 7.2% in North America, and 11.6% for other foreigners.
In addition, Kakao plans to disclose the share of shareholders by country starting this year and disclose corporate governance-related issues to shareholders and stakeholders.
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