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South Korea's pension fund official supports the corporate value-up program to address the 'Korea discount'. The regulator aims to accelerate corporate reforms for boosting shareholder returns and tackling the discount. Samsung faces a significant drop in shares after rejecting dividend increase and share buyback proposals.
Samsung quashes activist proposals backed by Norway’s oil fund South Korean conglomerate’s de facto holding company rejects calls to increase dividends and share buybacks https://t.co/05wMit9yaS via @crsdavies @songft @FT #HedgeFunds #ActivistInvestor #CorpGov
Samsung C&T shares fall amid test of South Korea's corporate reform push https://t.co/vtbQhf4Dzt https://t.co/TxUhrK5hcu
Samsung slumps as much as 10%, the most in four years, after its shareholders rejected proposals from activist funds for a dividend increase and a share buyback https://t.co/ayG0kErT6a
