Korea Securities Depository Securities Agency Homepage
Providing Non-Face-to-Face Stock-Related Services
The Korea Securities Depository, which provides non-face-to-face securities agency services, announced on September 29 that shareholders can now apply to refuse receipt of general meeting notices via smartphone.
The Korea Securities Depository (President Lee Soonho) launched the new 'Securities Agency Homepage' in July 2022, offering non-face-to-face stock-related services to shareholders.
This homepage was developed to minimize the inconvenience and costs associated with shareholders visiting in person, and to implement ESG management by improving existing face-to-face work to a non-face-to-face, paperless method.
The Korea Securities Depository currently provides various non-face-to-face services through this homepage. In particular, the 'Notice Receipt Refusal Application,' 'Small-Scale Stock Issuance Application,' and 'Small-Scale Payment Application' services have been greatly enhancing shareholder convenience for stock-related work.
The Notice Receipt Refusal Application allows shareholders to refuse to receive various notifications from the company, such as general meeting notices and dividend notices.
Shareholders can access the Notice Receipt Refusal Application menu on the Korea Securities Depository's securities agency homepage via PC or mobile device (such as a smartphone or tablet PC). After completing identity verification (using a mobile phone, i-PIN, etc.) as guided on the homepage, they can select the notifications they wish to refuse and click 'Register Application' to complete the process.
Additionally, through the Small-Scale Stock Issuance Application menu, shareholders can apply for the issuance of unclaimed stocks with an appraised value of 5 million won or less. Through the Small-Scale Payment Application menu, they can also apply for the payment of unclaimed dividends, proceeds from fractional shares, etc., with an amount of 1 million won or less.
However, applications for Small-Scale Stock Issuance and Small-Scale Payment can only be made via mobile (smartphone). If the appraised value of unclaimed stocks exceeds 5 million won, or if the unclaimed amount exceeds 1 million won, shareholders must visit the Korea Securities Depository in person to apply.
The services provided on this homepage, such as Notice Receipt Refusal Application, Small-Scale Stock Issuance Application, and Small-Scale Payment Application, are limited to companies that have appointed the Korea Securities Depository as their shareholder registry agent. Therefore, shareholders should confirm their company's registry agent before applying for these services.
The Korea Securities Depository stated, "We will continue our efforts to ensure that companies and shareholders can receive securities agency services quickly and conveniently in the future."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
