• SK FSS held an internal meeting to discuss issues re takeover of listed companies.

Overview of Meeting

• SK FSS Governor stressed the need to monitor excessive competition in the process of takeover of listed companies, which may cause market instability and distrust.
• Required equity buyers, target companies, other stakeholders to comply with the principle of fair competition, ensure that all legal takeover procedures are followed.
• SK FSS will closely monitor market order disruptions that cause investors to make wrong judgements or misunderstand as a result of groundless rumors or hearsay.
• Promptly launch investigations, and strictly take action against any illegal activities.
• Requested investors to confirm exact facts through public disclosures before making investments, given that investment losses may occur due to a decline in stock prices.