Games & Commerce

Pearl Abyss files corporate value plan, confirms first dividend and share cancellation

Pearl Abyss moved to boost corporate value by adopting a shareholder return policy that includes its first dividend since founding, along with large-scale cancellation and additional purchases of treasury shares. The company filed a voluntary 2026 corporate value plan and a decision on share cancellation on June 9. It plans annual dividends equal to 10 billion won or 10 percent of net profit, whichever is larger, and will cancel 1,403,945 shares on June 12.

Finance

Korea moves toward principle ban with exceptions for duplicate listings, shareholder safeguards in focus

South Korea is moving toward a policy of banning duplicate listings in principle while allowing exceptions, as the government seeks to prevent harm to parent-company shareholders and ease the Korea discount. At a seminar at the Korea Exchange, participants debated how far shareholder approval should be mandatory and what form it should take. Investors called for stronger curbs, while IPO and venture capital participants warned excessive rules could hinder fundraising and growth.