South Korea Says Solidigm IPO Would Face Dual-Listing Rules
5 Articles
5 Articles
Financial Services Commission Chairman Lee Won-geon emphasized the duties of the parent company's board of directors regarding the controversy over Solidigm's duplicate listing. This is interpreted as a remark effectively targeting the SK Hynix board of directors. Following Financial Supervisory Service Governor Lee Chan-jin, heads of financial regulatory authorities appear to be applying pressure one after another. On the 22nd, Chairman Lee Won…
(Seoul = Yonhap News) Reporters Bae Young-kyung, Kang Su-ryeon, Kim Ji-yeon, and Kang Ryu-na = Financial Services Commission Chairman Lee Won-geon said on the 22nd that SK Hynix [000660]'s push to list its U.S. subsidiary Solidyme...
Finance Chairman Lee Bak Won reaffirmed the financial authorities' position that duplicate listing regulation guidelines apply to the NASDAQ listing of SK hynix's grandson company Solidyme during a national audit. Shareholder fidelity obligations and protection measures are essential even when listing overseas.
Following Financial Supervisory Service Governor Lee Chan-jin, Financial Services Commission Chairman Lee Won-geon also stated that the push for a U.S. listing by SK Hynix's grandchild company Solidigm is 'overlapping.'
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