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 | ||
89,000 KRW | -0.45% | -0.89% | +2.42% |
Mar. 29 | Declaration of Voting Results by KT&G Corporation | CI |
Mar. 28 | SilverBow Resources Says Kimmeridge's Proposal 'Substantially Undervalues' Company | MT |
EPS Revisions
1st Jan change | Capi. | |
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+2.42% | 7.33B | |
+7.93% | 73.72B | |
-5.31% | 64.27B | |
+13.72% | 48.08B | |
-5.59% | 6.06B | |
-4.50% | 2.38B | |
-5.78% | 2.32B | |
-29.73% | 1.84B | |
-5.03% | 1.36B | |
-11.55% | 1.17B |
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