Monday, April 24, 2017

Investment Acquisitions 10 geonjung three "unfair transactions"



3 cases turned out to be an unfair trade allegations of 10 cases [Korea goyounghun financial newspaper reporter] reigns acquisition of Investment Case

Financial Services Commission and the Financial Supervisory Service gotta have unfair transactions of a total of 13 cases (28%) picked from the 24th acquisition in the past two years occurred Investment Fund from January 2015 until December last year cases 42 cases had conducted unfair trade investigation He said. Currently investigating 12 cases, one case was completed investigation and action.

They boost the stock price artificially through the use of undisclosed information act of the acquisition or after sex positives disclosure using that information unless the members exposed by the acquired management control process. We realize the independent Investment income and short-term corporate value through management normalization to sell the shares after the price rises traction for the purpose of distribution to the members found the arbitrage. Positive equity would increase significantly the case for the acquisition of management rights of KOSDAQ-listed company through such a small contract.

Investment banking side above is diagnosed the greater possession to be exploited due to unfair trade means that such a simple and established procedures, the acquisition of entities that are not public. Since this concerns the harm ordinary investors emphasized that the need to respond with caution.

Corporate acquisitions, but the investment combination is recorded nine years in 2015, a total of 33 cases in 2016 increased by 267% compared to the previous year. In the case of acquisitions Investment objective and mujabon it showed a similar pattern to past M & A corporate limits third-party allocation capital increase. Disclosure insolvency, such as missing disclosures on the combination, or in combination with members of specific information on key financial information it was exploited that it is not disclosed.

Also, if you are overly promote your business information, etc. and Investment Partnership largest shareholder change after new business investment positives St. disclosure to media reports of unconfirmed information if the investment combination is a poor financial state of less than 50 billion won corporate market cap entities it is unclear arguments said that caution. If the largest shareholder changes too frequent acquisitions of investment partnerships around or lower the shareholder stake insufficient managerial stability should also be careful.

FSC Capital Market Force is currently planning to strict sanctions misconduct found against unfair trade investigation cases of ongoing investment partnership. Other plans to conduct an exhaustive search for a change The largest shareholder of the investment case combined form over the past two years undertaken a survey immediately upon discovery charges.

Investment in the future as the largest shareholder is changed trading practices occurred hearing, rumors and tip Search Content analysis, multi-angle monitoring will also be conducted.

FSC officials "strengthen Change largest shareholder related disclosure review of the Investment Fund form and will provide disclosure guidelines with best practices deployment," said "highlights reported in detail described the Investment Fund information and financial information, etc., will push for disclosure Form amended to specify that the provisions established based upon the combination of the largest shareholders change disclosure was described as "



Daily Economic News Finance FNTIMES - commercial reprint, copy, distribute prohibited purposes under the Copyright Act
Copyright ⓒ Korea's Financial News & FNTIMES.com