Urgent.News

What's breaking now, across thousands of outlets.

More in Business

Lee Orders Review of Delisting Rules for Firms With Concentrated Ownership

Proposals have emerged to tighten listing maintenance requirements for companies that enjoy the benefits of being publicly listed while allowing controlling shareholders to hold dominant stakes…

  • President Lee Jae-myung orders review of delisting rules for firms with concentrated ownership.
  • Lee emphasizes stock market should foster widespread participation and fair pricing.
  • Calls for stricter assessments of controlling shareholders' ownership stakes for listed status.

More from Friday 13 November →