Shareholders Sigh Intensifies Amid Solidigm IPO Controversy… BI Claims "Effectiveness in Securing Investment Funds"
5 Articles
5 Articles
The calculations of the U.S., China, and Korea are becoming intricately entangled over SK Hynix's U.S. NAND flash subsidiary, Solidigm. The U.S. holds the approval for equipment at Chinese factories while demanding domestic semiconductor production, while Chinese companies are rapidly catching up in the NAND market. For the Korean government, the ban on duplicate listings...
Controversy over duplicate listings is intensifying as SK Hynix subsidiary Solidigm pursues a NASDAQ listing. Amid concerns over shareholder value dilution and conflicts of interest within corporate governance, issues regarding domestic regulatory gaps resulting from overseas listings have also come to light. In response, the business community views this as a strategic choice to secure investment funds and emphasizes the importance of sharehold…
(Seoul = Yonhap News) Reporters Park Cho-rong and Kang Tae-woo = As SK Hynix's U.S. subsidiary Solidigm accelerates preparations for a U.S. stock market listing, the controversy surrounding duplicate listings...
Lee Chan-jin, Governor of the Financial Supervisory Service, stated that he considers the listing of SK Hynix's grandchild company Solidigm on the U.S. Nasdaq to be a duplicate listing.
As Solidigm, SK Hynix's U.S. NAND flash subsidiary, accelerates its listing on the U.S. stock market, heated debate continues unabated both within and outside the market and industry. This is because conflicting expectations exist: concerns over a duplicate listing—that it could negatively impact SK Hynix's existing corporate value and reduce shareholder profits—are clashing with the expectation that securing large-scale funds will enable the co…
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