KT&G Holds Shareholders Meeting at Talent Development Center

News by 2FIRSTS.ai

Mar.05.2024

KT&G Holds Shareholders Meeting at Talent Development Center

KT&G to hold shareholder meeting at "KT&G Talent Development Center" to discuss financial reports, board elections, and more.

According to a report by South Korean media Mbnmoney, the current president of South Korea's leading tobacco company KT&G, Bai Furen, recently held a board meeting to decide to hold a shareholders' meeting within the "KT&G Talent Development Center." The meeting will discuss multiple agenda items, including approving financial reports, amending company bylaws, and electing new directors.

According to shareholders' suggestions, two new directors will be chosen from among four director candidates through a centralized voting process. In addition, new nominees including Bak Gyeong-man and Lim Min-Kyu will also be proposed as representative directors. It is worth mentioning that Bak Gyeong-man, as the company's leading candidate, has been highly respected and is expected to help KT&G achieve global expansion.

A senior official from KT&G, who chose not to reveal their name, stated that the company will continue to respect the rights of shareholders and will consider their proposals by including all suggestions in the agenda of the meeting.

References:

[1] KT&G, 다음달 28일 주총 소집···신임 대표이사 선임 등 안건 상정

Also Read:

[1] Meritz Securities Gives Positive Evaluation on KT&G Chairman Appointment

[2] Son Dong-hwan Recommended as Independent Director for KT&G by KDB

[3] Selection Process for Next KT&G CEO Begins

#Traditional tobacco #Asia #South Korea #Major companies

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn

Notice

1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

Copyright

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Vape Company Takes FDA to Court for Stalling Premarket Decision for Half a Decade

California-based vape manufacturer Schwartz E-Liquid (USA Vape Lab) has sued the U.S. Food and Drug Administration (FDA) in federal court, alleging the agency unlawfully failed to issue a decision on its premarket application for flavored e-cigarette products for more than five years. The company is seeking a court order compelling the FDA to act within 90 days.

Nov.26 by 2FIRSTS.ai

AIR’s Shisha Brand Al Fakher Launches New Pod-Based Vape in Germany, Touting Non-Ceramic Atomization Technology

AIR’s shisha brand Al Fakher has launched its rechargeable pod-based vape Crown Switch in Germany, featuring Coldstream technology and claiming low-temperature vaporization without ceramic or metal heating elements. The device is now available on shisha-world, while AIR is simultaneously pushing ahead with its plan to go public on Nasdaq via a SPAC merger.

Nov.20 by 2FIRSTS.ai

Lancashire Police Seize £200K Worth of Illegal Cigarettes and Vapes, Six Arrested

Lancashire Police seized nearly £200,000 worth of illicit cigarettes and vapes, arrested six suspects, and closed three shops under Operation Wanderstar. Raids on 22 premises across the county also uncovered counterfeit cash, hidden tobacco stashes, and frozen bank accounts linked to suspected money laundering.

Oct.29 by 2FIRSTS.ai

New York AG Seeks to Shut Down Vape Shops, Ban Owners from Industry

New York Attorney General Letitia James has filed a petition seeking to permanently shut down two smoke shops and ban their owners from the vape industry for repeatedly selling illegal flavored vapes to minors and operating without valid licenses. The nearly 50-page complaint names Eysa Sharhan and Ahmed Mozeb and their stores — Pop-In Smoke & Vape LLC, Pufftopia LLC, and Royalty Tobacco LLC — accusing them of a “persistent pattern of illegal activity.”