Search results for 350 won
General News
Kyochon F&B indicted over cutting cooking oil distribution margin to zero
Kyochon F&B has been indicted on charges of violating the fair trade law by unilaterally eliminating distribution margins for two partner firms supplying cooking oil used to fry chicken, industry sources said. Prosecutors allege the company cut the margin per can from 1,350 won to 0 won between May and December 2021. An investigation found the partners suffered about 700 million won in losses.
People
KT Skylife appoints Cho Il as new CEO, sets 350 won per share dividend
KT Skylife said on Wednesday it appointed Vice President Cho Il as its new chief executive at its 25th annual general meeting at its headquarters in Seoul. Cho, previously chief financial officer, was elected an internal director at the meeting and then chosen as CEO by the board. Shareholders also approved a 350 won per share dividend for 2025 and passed other agenda items including approval of financial statements and director appointments.
Finance
Brokerages join \'value-up\' boom with record shareholder returns
South Korean brokerages are announcing unusually large shareholder return policies ahead of annual meetings. Korea Investment Holdings approved a cash dividend of 8,690 won per common share, up 118.1% from a year earlier. Mirae Asset Securities combined cash and stock dividends and included a treasury share cancellation. Samsung Securities and Kiwoom Securities set high per-share dividends, while smaller firms such as Hanyang Securities and DB Securities posted high dividend yields.
