KSD "Mandatory Holding Registration for 46 Companies with 287.76 Million Shares to be Released in May Next Year"

The Korea Securities Depository announced on the 28th that a total of 288.76 million shares of 46 listed companies registered under mandatory holding will be released in May next year.

Mandatory holding registration refers to the electronic registration of shares owned by major shareholders, etc., to restrict their disposal for a certain period at the Korea Securities Depository in order to protect general investors according to relevant laws. By securities market, the number of shares is 81.29 million shares from 4 companies in the KOSPI market and 206.47 million shares from 42 companies in the KOSDAQ market.

The number of shares to be released from mandatory holding registration decreased by 27.1% compared to the previous month (394.48 million shares) and increased by 4.6% compared to the same month last year (275.12 million shares).

The most common reason for the release of mandatory holding registration was resale restriction (subscription). The top three companies with the highest number of shares released from mandatory holding registration are Joheun Saramdeul (72 million shares), KG Mobility (41.15 million shares), and Dongwon Industry (31.56 million shares).

The top three companies by the ratio of shares released to total issued shares are Joheun Saramdeul (74.26%), C&C International (66.03%), and Dongwon Industry (63.15%), respectively.