SoluM Co. faces mounting legal pressure as activist fund Align Partners joins minority shareholders in challenging the validity of its 120 billion won ($91 million) RCPS issuance, intensifying the battle over management control.
#YonhapInfomax
#SoluM #AlignPartners #RCPSIssuance #ShareholderLawsuit #ManagementControl
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=99573
#Solum
SoluM Co., a KOSPI-listed firm, faces a lawsuit seeking to nullify its 120 billion won ($91 million) RCPS issuance, with minority shareholders alleging the move was aimed at management control rather than operational funding.
#YonhapInfomax
#SoluM #RCPS #ShareIssuance #MinorityShareholders #120BillionWon
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=99417
Minority shareholders of Solum Co. have petitioned South Korean authorities to investigate allegations of unfair practices by the largest shareholder, including RCPS issuance and related-party transactions, as activist fund Align Partners signals possible shareholder engagement.
#YonhapInfomax #Solum #MinorityShareholders #RCPS #ShareholderActivism #AlignPartners #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=82402
SoluM Co. formally apologized to shareholders over related-party transaction controversies, pledging to strengthen compliance and prevent future incidents.
#YonhapInfomax #SoluM #RelatedPartyTransactions #Compliance #Shareholders #RealEstateDeal #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=78270
SoluM Co., Ltd. faces scrutiny after acquiring real estate from CEO Jeon Seong-ho’s family firm for 5.2 billion won ($3.9 million), with the CEO defending the deal as necessary and fairly priced following external appraisals.
#YonhapInfomax #SoluM #RealEstateTransaction #JeonSeongHo #EmployeeDormitory #ShareholderConcerns #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75951
SoluM minority shareholders demand CEO cancel or adjust price of large treasury stock disposal, oppose 140 billion won RCPS issuance, citing concerns over shareholder value dilution and corporate governance.
#YonhapInfomax #SoluM #TreasuryStockDisposal #MinorityShareholders #RCPS #ShareholderValue #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60456
Solum faces backlash for selling treasury shares to CEO, raising concerns about shareholder value erosion and management's conflict of interest in corporate governance.
#YonhapInfomax #Solum #TreasuryShares #ShareholderValue #CorporateGovernance #RCPS #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59652
We're taking a trip to #Solum in this episode! Take a look at my review of #StarTrekProdigy 2x17 "Brink" on #Fangirlish. #StarTrek #SciFi #nerdlyfe https://fangirlish.com/2024/07/22/star-trek-prodigy-2x17-review-brink/
Sábado e esta visão de um futuro possível. A bicicleta terá ficado esquecida à porta da escola. Sem cadeado. Em #solum #coimbra #portugal. Uma das capitais portuguesas do caos rodoviário, de segunda a sexta feira. Não antecipo melhoras para a geração da bicicleta, só muitos carros elétricos. Hoje ganha o meu pessimismo. #bicicleta #cycling #urbancycling
#Skien #Riksvei36 #Solum 19:20 UP har hatt laserkontroll. 8 forelegg. Høyeste 110 km/t i 90 sonen.
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