Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Block Deals Pre-Disclosure Rule Changes in Korea Likely to Be Implemented Around October 2023

Cross Asset Strategy

<ul>
<li>On 12 September, South Korea's Financial Services Commission (FSC) announced significant changes to pre-disclosure of major insiders trading in Korea.</li>
<li>The executives and the major shareholders of Korean companies will be required to disclose their shares transaction plans at least 30 days prior to the actual transaction date.</li>
<li>The pre-disclosure of major insiders trading in Korea will have big impact on the Korean stock market including deterring large scale block deal sales.</li>
</ul>


On 12 September, South Korea's Financial Services Commission (FSC) announced significant changes to pre-disclosure of major insiders trading in Korea.
The executives and the major shareholders of Korean companies will be required to disclose their shares transaction plans at least 30 days prior to the actual transaction date.
The pre-disclosure of major insiders trading in Korea will have big impact on the Korean stock market including deterring large scale block deal sales.


Significant Changes to Pre-Disclosure of Major Insiders Trading in Korea