LS Securities Signs Business Agreement with Conduit to Support Strengthening Individual Shareholders' Rights

LS Securities announced on the 14th that it has signed a strategic business agreement (MOU) with Conduit to support the enhancement of individual shareholders' rights and interests.

From the left, Sangmok Lee, CEO of Conduit, and Eungjin Oh, Head of Retail Business Division at LS Securities, are posing for a commemorative photo at the business agreement ceremony held on the 11th at the LS Securities headquarters in Yeouido, Seoul. Photo by LS Securities

Conduit operates the shareholder action platform 'Act.' It provides a shareholder community where shareholders can communicate, as well as an electronic proxy service that allows shareholders to easily exercise their voting rights via mobile devices.

Through this agreement, LS Securities and Conduit will collaborate to develop various services that can promote shareholder participation. In particular, by linking digital platforms, they plan to support individual shareholders in actively expressing their opinions on major corporate decisions such as general meetings and easily exercising their voting rights.

LS Securities also plans to continuously strengthen education and information provision to help individual shareholders improve their understanding of investments. Lee Sang-mok, CEO of Conduit, stated, "This agreement will be an important opportunity to practically protect the rights and interests of individual shareholders and create a better investment environment."

Oh Eung-jin, head of the retail business division at LS Securities, said, "Through this agreement, we will make every effort to strengthen the rights and interests of individual shareholders using LS Securities and to create an environment where shareholders' voices are properly reflected in the market."