Former Ourhome Vice Chairman Koo Bon-sung demands $234 mn in dividends
newscatcher
2023-03-24 02:31
Former Ourhome Vice Chairman Koo Bon-sung demands $234 mn in dividends
Ourhome headquarters in Seoul [Photo by Lee Chung-woo]Koo Bon-sung, former chief executive officer and vice chairman of South Korean food company Ourhome Co., has demanded dividends worth up to 300 billion won ($234 million) from the company amid a years-long sibling feud over management control.According to multiple sources from the retail industry on Thursday, the board of Ourhome on Monday adopted a shareholder proposal made by Koo that demands 296.6 billion won in dividends. Under the current law, a proposal of a shareholder with over 3 percent stake in an unlisted company like Ourhome must be included in the agenda unless it qualifies for an exception or ordinance.

https://n.news.naver.com/mnews/article/009/0005106246?sid=104

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