562 Million Shares from 68 Companies Including Theborn Korea to Be Released from Mandatory Holding Registration Next Month

On April 30, the Korea Securities Depository announced that 562.15 million shares from 68 listed companies, including Theborn Korea, will be released from mandatory holding registration next month.

The mandatory holding registration system requires major shareholders to register their shares with the Korea Securities Depository, preventing them from disposing of their holdings for a certain period in order to protect general investors.

In the KOSPI (Korea Composite Stock Price Index) market, 174.82 million shares from five companies, including Theborn Korea, Sambu Construction, and HLB Global, will be released from mandatory holding registration.

In the KOSDAQ market, 387.33 million shares from 63 companies, including Toprun Total Solution and Valof, will be released from mandatory holding registration.

The companies with the highest ratio of released shares to total shares are Capro (95.27%), Sungwoo (74.94%), and Toprun Total Solution (74.06%).

The listed companies with the largest number of shares being released are Capro (160.99 million shares), Hideep (61.21 million shares), and Korea BTB (44.38 million shares).