Search results for Cucon
Finance
Financial firms reshape governance and AI strategy during annual meeting season amid market volatility
South Korea\'s financial sector is reshaping governance and refining artificial intelligence and shareholder-return strategies during annual general meeting season. Shinhan Financial Group and Woori Financial Group confirmed Jin Ok-dong and Lim Jong-ryong for second terms. KakaoBank strengthened management through an inside director appointment, while brokerages expanded dividends and share cancellations. Market volatility has risen, with frequent KOSPI sidecar triggers, foreign selling and a weaker won.
Finance
Cucon approves all agenda items including higher dividend and new business push at annual meeting
Cucon said on March 26 it approved all key agenda items at its 20th annual general meeting, including measures to enhance shareholder value and secure future growth. Seven resolutions, including financial statements approval, amendments to the articles of incorporation and board and audit committee appointments, were passed. Cucon set a 300 won per share cash dividend, extending a three-year trend of higher payouts, and plans to expand data-based new businesses and strengthen internal controls and governance.
AI & Enterprise
Cucon targets monetisation year for global pay and data new businesses
Business data platform firm Cucon shared its 2025 performance and announced its 2026 strategy at a regular investor relations event on March 4. The company posted 2025 consolidated revenue of 69.46 billion won and operating profit of 18.81 billion won. It unveiled new business plans spanning global payments, stablecoin payment and settlement infrastructure, medical MyData and AI agent-based data products. Cucon also expanded shareholder returns, doubling its dividend to 300 won per share.