In August, 36 companies were lifted from mandatory holdings of 381.16 million shares

[Infostock Daily=Reporter Park, Hyo-sun ]

Thirty-Six companies will be lifted from mandatory holdings of 381.16 million shares this month.

Mandatory holding is a system to protect small investors from stock price plunges due to the sale of stakes in the largest shareholder and the largest shareholder by preventing the largest shareholder and the buyer from selling shares for a certain period of time.

According to the Korea Securities Depository, the mandatory holdings of 892 million shares of 7 companies in the securities market and 218.92 million shares of 29 companies in KOSDAQ market will be lifted.

The number of shares that will be released this month will increase by 105.5 percent from 149.96 million shares in July, down 1.2 percent from the same month of last year (311.75 million shares).

In the securities market, 7 companies, including Hanwha Investment & Securities, Kidaris Studio on December 12, Pilux on March 13, National Treasure on March 19, Charm Engineering on March 22, Aprogen Pharmaceutical on March 23, and Inscobi on the 29th, will be lifted.

In the KOSDAQ market, 29 companies, including Duksan Tecopia on the 2nd, Dentis and Weeders Pharmaceutical on the 3rd, and Sky E & M and AniPlus on the 8th, will be released.

Reporter Park, Hyo-sun hs1351@infostock.co.kr