On January 18, 2023, Flashlight Capital Partners Pte. Ltd issued a letter to shareholders of KT&G Corporation outlining the proposals: (1) a Corporate spin-off of the Company?s Ginseng Business, Korea Ginseng Corp (KGC), (2) the issuance of a dividend, (3) an increase of the Company?s share repurchase program, and (4) amending articles of incorporation to create a compensation committee, Flashlight Capital is putting forth for consideration at the Company?s 2023 annual general meeting of shareholders. Flashlight Capital also stated that it has nominated 2 candidates, Suk Yong Cha and Ou Jin Hwang, for election to the Company's Board of Directors.
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5-day change | 1st Jan Change | ||
92,100 KRW | +1.32% | +3.60% | +5.98% |
03-29 | Declaration of Voting Results by KT&G Corporation | CI |
03-28 | SilverBow Resources Says Kimmeridge's Proposal 'Substantially Undervalues' Company | MT |
EPS Revisions
1st Jan change | Capi. | |
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+5.98% | 7.67B | |
+8.06% | 74.87B | |
-5.55% | 65.34B | |
+18.05% | 49.96B | |
+4.00% | 2.64B | |
-11.81% | 2.15B | |
-28.86% | 1.82B | |
-13.04% | 1.23B | |
-11.58% | 1.17B | |
+0.58% | 1.02B |
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