Games & Commerce

SOOP executives buy 300 million won of own shares to strengthen accountability

SOOP said key executives bought a total of 300 million won of the company’s shares on the market on June 4 to demonstrate accountable management and enhance shareholder value. Chief executives Choi Young-woo and Lee Min-won each purchased about 100 million won of shares, while CTO Choi Dong-geun and CFO Lee Byeong-ho bought about 50 million won each. The company said it will pursue core strategies and implement a three-year shareholder return policy through 2028.

Industry

Global ESG focus shifts to governance, South Korean companies face urgent response

The focus of global ESG is shifting rapidly toward corporate governance, as shareholder proposals in the United States increasingly target board structure and capital policy. In South Korea, a series of Commercial Act revisions and mandatory treasury share cancellations are strengthening governance rules and raising pressure on major groups. Some companies are moving early to cancel shares, while others are adding exception clauses or reshaping board structures, prompting warnings of longer-term governance risk premiums.