Dividend Record Date Set for the 26th
Common Share Dividend Yield at 7.1%
Director Appointment Proposal Also Approved
Daishin Securities held its regular shareholders' meeting and passed six agenda items, including a dividend proposal of 1,200 KRW per common share.
On the 21st at 9 a.m., Daishin Securities held the 64th regular shareholders' meeting at the Daishin Wirye Center and presented the following agenda items for resolution: approval of the financial statements and appropriation of retained earnings, transfer of capital reserves to retained earnings, appointment of directors, appointment of outside directors as audit committee members, appointment of outside directors as audit committee members, and approval of the limit on directors' remuneration.
Daishin Securities finalized consolidated financial statements showing operating revenue of 4.0939 trillion KRW, operating profit of 83.6 billion KRW, and net income of 144.2 billion KRW. The transfer of capital reserves to retained earnings was also approved.
The dividend proposal was passed as originally planned, with dividends of 1,200 KRW per common share, 1,250 KRW per preferred share, and 1,200 KRW per second preferred share.
The appointment of directors was also finalized. Vice President Song Hyuk was reappointed as an inside director. Regarding the appointment of outside directors, Professor Won Yoon-hee of the Tax Graduate School at City University, Professor Kim Chang-soo of the Business Administration Department at Chung-Ang University, Chairman Kim Seong-ho of Haengbok Sesang, Advisor Han Seung-hee of the law firm Daeryuk Aju, and Chairman Jo Seon-young of the Kwangwoon Academy Foundation were all reappointed.
CEO Oh Ik-geun stated, "Last year, Daishin Securities achieved the milestone of being designated as the tenth comprehensive financial investment business operator in Korea," adding, "Based on capital increases, we will create outstanding results that satisfy our shareholders."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
