UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT
INVESTMENT COMPANY
Investment Company Act file number 811-08002
Korea Equity Fund, Inc. | |
(Exact name of registrant as specified in charter) | |
Worldwide Plaza, 19th Floor, 309 West 49th Street, New York, NY | 10019 | |
(Address of principal executive offices) | (Zip code) |
Mr. Yutaka Itabashi |
Worldwide Plaza |
19th Floor |
309 West 49th Street |
New York, NY 10019 |
(Name and address of agent for service) |
Registrant's telephone number, including area code: (800) 833-0018
Date of fiscal year end: October 31
Date of reporting period: July 1, 2015 – June 30, 2016
PROXY VOTING REPORT
FOR THE PERIOD JULY 1, 2015 TO JUNE 30, 2016
KOREA EQUITY FUND
Company Name | Security ID | Meeting Date | Proposal | Proposed By | Vote | With/Against MGMT | Voted Shares |
DONGSUNG FINETEC CO., LTD., ANSONG | 6174686 | 24-Jul-2015 | ELECTION OF DIRECTOR: CHUNG DONG LEE | MGMT | FOR | WITH MANAGEMENT | 109,785 |
KT&G CORPORATION, TAEJON | 6175076 | 07-Oct-2015 | ELECTION OF PRESIDENT (INSIDE DIRECTOR) BAEK BOK IN | MGMT | FOR | WITH MANAGEMENT | 14,660 |
COWAY CO.LTD., KONGJU | 6173401 | 22-Jan-2016 | APPROVAL OF PHYSICAL DIVISION | MGMT | FOR | WITH MANAGEMENT | 47,845 |
KOREA ELECTRIC POWER CORP, NAJU | 6495730 | 22-Feb-2016 | ELECTION OF CEO : HWANIK CHO | MGMT | FOR | WITH MANAGEMENT | 14,010 |
HYUNDAI MOBIS, SEOUL | 6449544 | 11-Mar-2016 | APPROVAL OF FINANCIAL STATEMENTS | MGMT | FOR | WITH MANAGEMENT | 19,002 |
AMENDMENT OF ARTICLES OF INCORPORATION | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF DIRECTOR (CANDIDATES: MONGGU JEONG, MYEONGCHEOL JEONG, YONGBIN HAN, SEUNGHO LEE) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER: I SEUNG HO | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
E-MART CO LTD, SEOUL | B682TF7 | 11-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 9,335 |
APPROVAL OF PARTIAL AMENDMENT TO ARTICLES OF INCORPORATION | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF INSIDE DIRECTOR HAE SUNG KIM | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF INSIDE DIRECTOR CHAE YANG HAN | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF LIMIT OF REMUNERATION FOR DIRECTORS | MGMT | FOR | WITH MANAGEMENT | ||||
SAMSUNG FIRE & MARINE INSURANCE CO LTD, SEOUL | 6155250 | 11-Mar-2016 | APPROVAL OF FINANCIAL STATEMENTS | MGMT | FOR | WITH MANAGEMENT | 4,190 |
AMENDMENT OF ARTICLES OF INCORPORATION | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF INSIDE DIRECTOR: O SU SANG | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: MUN HYO NAM | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: SON BYEONG JO | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: YUN YEONG CHEOL | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: JO DONG GEUN | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN INSIDE DIRECTOR: O SU SANG | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR: SON BYEONG JO | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR: YUN YEONG CHEOL | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
SAMSUNG LIFE INSURANCE CO LTD, SEOUL | B12C0T9 | 11-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT AND RESOLUTION OF DISTRIBUTION OF PROFITS | MGMT | FOR | WITH MANAGEMENT | 29,390 |
AMENDMENT OF ARTICLES OF INCORPORATION | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF INTERNAL DIRECTOR (CANDIDATE: DAEHWAN KIM) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF INTERNAL DIRECTOR (CANDIDATE: DOSEUNG LEE) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATE: GYEONGUK HUH) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATE: DUCHEOL KIM) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS NOT AN OUTSIDE DIRECTOR (CANDIDATE: DOSEUNG LEE) | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR (CANDIDATE: DUCHEOL KIM) | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
1 of 7 Pages
PROXY VOTING REPORT
FOR THE PERIOD JULY 1, 2015 TO JUNE 30, 2016
KOREA EQUITY FUND
Company Name | Security ID | Meeting Date | Proposal | Proposed By | Vote | With/Against MGMT | Voted Shares |
HYUNDAI MOTOR CO LTD, SEOUL | 6451055 | 11-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 3,900 |
ELECTION OF DIRECTOR CANDIDATES: UISEON JEONG, WONHUI LEE, SEONGIL NAM, YUJAE LEE | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER CANDIDATE: SEONGIL NAM | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
SAMSUNG ELECTRONICS CO LTD, SUWON | 6771720 | 11-Mar-2016 | APPROVAL OF THE REMUNERATION LIMIT FOR THE DIRECTORS FOR FY 2016 | MGMT | FOR | WITH MANAGEMENT | 8,625 |
APPROVAL OF AMENDMENTS TO THE ARTICLES OF INCORPORATION: ARTICLE8-2, 11, 11-3, 11-4, 15-2, 16, 16-2, 17-3, 24,29,31,39, 40 | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF AUDITED FINANCIAL STATEMENTS FOR FY 2015 (FROM JAN 1, 2015 TO DEC 31, 2015) | MGMT | FOR | WITH MANAGEMENT | ||||
RE-ELECTION OF INDEPENDENT DIRECTOR: MR. IN-HO LEE | MGMT | FOR | WITH MANAGEMENT | ||||
RE-ELECTION OF INDEPENDENT DIRECTOR: MR. KWANG-SOO SONG | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF INDEPENDENT DIRECTOR: DR. JAE-WAN PARK | MGMT | FOR | WITH MANAGEMENT | ||||
RE-ELECTION OF EXECUTIVE DIRECTOR: MR. BOO-KEUN YOON | MGMT | FOR | WITH MANAGEMENT | ||||
RE-ELECTION OF EXECUTIVE DIRECTOR: MR. JONG-KYUN SHIN | MGMT | FOR | WITH MANAGEMENT | ||||
RE- ELECTION OF EXECUTIVE DIRECTOR: MR. SANG-HOON LEE | MGMT | FOR | WITH MANAGEMENT | ||||
RE- ELECTION OF AUDIT COMMITTEE MEMBER: MR. IN-HO LEE | MGMT | FOR | WITH MANAGEMENT | ||||
RE-ELECTION OF AUDIT COMMITTEE MEMBER: MR. KWANG-SOO SONG | MGMT | FOR | WITH MANAGEMENT | ||||
HYUNDAI GLOVIS CO LTD, SEOUL | B0V3XR5 | 11-Mar-2016 | APPROVAL OF FINANCIAL STATEMENTS | MGMT | FOR | WITH MANAGEMENT | 2,590 |
ELECTION OF DIRECTOR CANDIDATES FOR INSIDE DIRECTOR: GIM HYEONG HO, GIM SU BOK, YAN YEBINWANG CANDIDATES FOR OUTSIDE DIRECTOR: MA SANG GON | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER: MA SANG GON | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
KT&G CORPORATION, TAEJON | 6175076 | 18-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 20,440 |
APPROVAL OF PARTIAL AMENDMENT TO ARTICLES OF INCORPORATION | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: SANG GON KO | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: HAE SOO YUN | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: EUN GYEONG LEE | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF INSIDE DIRECTOR: HEUNG RYEOL KIM | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER: SANG GON KO | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER: EUN GYEONG LEE | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF LIMIT OF REMUNERATION FOR DIRECTORS | MGMT | FOR | WITH MANAGEMENT | ||||
SK HOLDINGS CO., LTD., SEOUL | B39Z8L3 | 18-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 5,121 |
ELECTION OF INTERNAL DIRECTOR (CANDIDATE: TAEWON CHOI) | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATE: YONGHUI LEE) | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR (CANDIDATE: YONGHUI CHOI) | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
CHANGE OF SEVERANCE PAYMENT FOR DIRECTORS | MGMT | FOR | WITH MANAGEMENT | ||||
HANSAE CO LTD, SEOUL | B3KT2S9 | 18-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 26,988 |
ELECTION OF OUTSIDE DIRECTOR: DONG HYUN JI | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER: DONG HYUN JI | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF LIMIT OF REMUNERATION FOR DIRECTORS | MGMT | FOR | WITH MANAGEMENT | ||||
2 of 7 Pages
PROXY VOTING REPORT
FOR THE PERIOD JULY 1, 2015 TO JUNE 30, 2016
KOREA EQUITY FUND
Company Name | Security ID | Meeting Date | Proposal | Proposed By | Vote | With/Against MGMT | Voted Shares |
LG CHEM LTD, SEOUL | 6346913 | 18-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT. (EXPECTED DIVIDEND: KRW 4500 PER 1 ORDINARY SHS AND KRW 4550 PER 1 PREFERRED SHS) | MGMT | FOR | WITH MANAGEMENT | 1,800 |
AMENDMENT OF ARTICLES OF INCORPORATION | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF DIRECTOR (CANDIDATES: BONJUN KOO, HOYEONG JEONG, GIMYEONG NAM, YEONGHO AHN, GUKHEON CHA) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR (CANDIDATES: GIMYEONG NAM, YEONGHO AHN) | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
LG HOUSEHOLD & HEALTH CARE LTD, SEOUL | 6344456 | 18-Mar-2016 | APPROVAL OF FINANCIAL STATEMENTS | MGMT | FOR | WITH MANAGEMENT | 1,140 |
ELECTION OF INSIDE DIRECTOR CHA SEOK YONG | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF INSIDE DIRECTOR HEO SEONG | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF INSIDE DIRECTOR GIM JU HYEONG | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR HWANG I SEOK | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR HAN SANG RIN | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR HWANG I SEOK | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR HAN SANG RIN | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
LOTTE SHOPPING CO LTD, SEOUL | B0WGPZ5 | 18-Mar-2016 | APPROVAL OF FINANCIAL STATEMENTS | MGMT | FOR | WITH MANAGEMENT | 2,805 |
ELECTION OF INTERNAL DIRECTOR : DONG BIN SHIN, YEONG JA SHIN, INWON LEE, WON JUN LEE | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR : SU GEUN KWAK, JAE-WON LEE, JAE WAN PARK, SEOKYEONG CHOI | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER : SU GEUN KWAK, JAE WAN PARK, SEOKYEONG CHOI | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
SAMCHULY BICYCLE CO LTD, SAU-DONG | 6220772 | 18-Mar-2016 | APPROVAL OF FINANCIAL STATEMENTS | MGMT | FOR | WITH MANAGEMENT | 37,790 |
ELECTION OF OUTSIDE DIRECTOR HEO YUN SEOK | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR AUDITOR | MGMT | FOR | WITH MANAGEMENT | ||||
SK TELECOM CO LTD, SEOUL | 6224871 | 18-Mar-2016 | APPROVAL OF FINANCIAL STATEMENTS | MGMT | FOR | WITH MANAGEMENT | 2,451 |
AMENDMENT OF ARTICLES OF INCORP | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF INSIDE DIRECTOR JO DAE SIK | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR O DAE SIK | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER O DAE SIK | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
AMENDMENT OF ARTICLES ON REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
YOUNGONE CORP, SEOUL | B622C10 | 18-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 66,200 |
APPROVAL OF LIMIT OF REMUNERATION FOR DIRECTORS | MGMT | FOR | WITH MANAGEMENT | ||||
DONGBU INSURANCE CO LTD, SEOUL | 6155937 | 18-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 89,493 |
AMENDMENT OF ARTICLES OF INCORPORATION | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF DIRECTORS (CANDIDATES: INTERNAL(HYEONGJUN AHN), OUTSIDE(SANGYONG PARK, JONGTAE AHN, SEONGGUK KIM)) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR (CANDIDATES: SANGYONG PARK, SEONGGUK KIM) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS NOT AN OUTSIDE DIRECTOR (CANDIDATE: HYEONGJUN AHN) | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
3 of 7 Pages
PROXY VOTING REPORT
FOR THE PERIOD JULY 1, 2015 TO JUNE 30, 2016
KOREA EQUITY FUND
Company Name | Security ID | Meeting Date | Proposal | Proposed By | Vote | With/Against MGMT | Voted Shares |
CJ KOREA EXPRESS CORP, SEOUL | 6497112 | 18-Mar-2016 | APPROVAL OF FINANCIAL STATEMENTS | MGMT | FOR | WITH MANAGEMENT | 4,500 |
ELECTION OF DIRECTORS: GEUNTAE PARK, CHANGGEUN KOO | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
SK HYNIX INC, ICHON | 6450267 | 18-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 160,166 |
ELECTION OF INTERNAL DIRECTOR (CANDIDATE: JUNHO KIM) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF INTERNAL DIRECTOR (CANDIDATE: JEONGHO PARK) | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
CHANGE OF SEVERANCE PAYMENT FOR DIRECTORS | MGMT | FOR | WITH MANAGEMENT | ||||
MANDO CORP, PYEONGTAEK | BQJZQJ8 | 18-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 6,220 |
AMENDMENT OF ARTICLES OF INCORPORATION | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF DIRECTOR (CANDIDATE: CHEOLYEONG LEE) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER (CANDIDATE: JONGHWI LEE) | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
LOTTE CHEMICAL CORPORATION, SEOUL | 6440020 | 18-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 9,447 |
AMENDMENT OF ARTICLES OF INCORPORATION | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
ELECTION OF DIRECTOR (CANDIDATES: JAHYEONG LEE, CHEOLSU KIM, YUNHA KIM, YONGSEOK PARK) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR (CANDIDATES: CHEOLSU KIM, YUNHA KIM) | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
S-OIL CORP, SEOUL | 6406055 | 18-Mar-2016 | APPROVAL OF FINANCIAL STATEMENTS | MGMT | FOR | WITH MANAGEMENT | 7,400 |
ELECTION OF DIRECTORS: NASSER AL MAHASHER, A.I. AL SAADAN, S.A. AL HADRAMI, S.M. AL HEREAGI, N.A. AL NUAIM, GIM CHEOL SU, I SEUNG WON, HONG SEOK U, SIN UI SUN, Y.A. AL ZAID, A.A. AL TALHAH | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBERS WHO IS AN OUT SIDE DIRECTORS Y.A. AL ZAID, A.A. AL TALHAH, HONG SEOK U, SIN UI SUN | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | AGAINST | WITH MANAGEMENT | ||||
KOREA ELECTRIC POWER CORP, NAJU | 6495730 | 22-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 14,010 |
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
INNOCEAN WORLDWIDE INC., SEOUL | BYX20P5 | 24-Mar-2016 | APPROVAL OF FINANCIAL STATEMENTS | MGMT | FOR | WITH MANAGEMENT | 9,605 |
ELECTION OF OUTSIDE DIRECTOR YU JAE HAN | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER YU JAE HAN | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
SHINHAN FINANCIAL GROUP CO LTD, SEOUL | 6397502 | 24-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 95,578 |
AMENDMENT OF ARTICLES OF INCORPORATION | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF A NON-PERMANENT DIRECTOR (CANDIDATE: HUN NAMGOONG) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATE: BUIN KO) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATE: MANWOO LEE) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATE: SANGGYEONG LEE) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATE: SEONGRYANG LEE) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATE: JEONGIL LEE) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATE: HEUNYA LEE) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER (CANDIDATE: MANWOO LEE) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER (CANDIDATE: SANGGYEONG LEE) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER (CANDIDATE: SEONGRYANG LEE) | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
4 of 7 Pages
PROXY VOTING REPORT
FOR THE PERIOD JULY 1, 2015 TO JUNE 30, 2016
KOREA EQUITY FUND
Company Name | Security ID | Meeting Date | Proposal | Proposed By | Vote | With/Against MGMT | Voted Shares |
HYUNDAI GREEN FOOD CO LTD | 6489302 | 25-Mar-2016 | APPROVAL OF FINANCIAL STATEMENTS | MGMT | FOR | WITH MANAGEMENT | 101,666 |
ELECTION OF DIRECTOR JEONG JI SEON, JANG HO JIN, GIM BYEONG JUN, BAK SEUNG JUN | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDITOR BAK SEUNG JUN | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
KB FINANCIAL GROUP INC, SEOUL | B3DF0Y6 | 25-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 21,385 |
AMENDMENT OF ARTICLES OF INCORPORATION | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATE: YEONGHUI CHOI) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATE: WOONYEOL CHOI) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATE: SEOKRYEOL YOO) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATE: BYEONGNAM LEE) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATE: JAEHA PARK) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATE: EUNICE GYEONGHUI KIM) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATE: JONGSU HAN) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR (CANDIDATE: YEONGHUI CHOI) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR (CANDIDATE: WOONYEOL CHOI) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR (CANDIDATE: EUNICE GYEONGHUI KIM) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR (CANDIDATE: JONGSU HAN) | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
INTEROJO CO LTD, PYEONGTAEK | B42MSJ6 | 25-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT. (CASH DIVIDEND: KRW 120 PER SHS) | MGMT | FOR | WITH MANAGEMENT | 78,643 |
ELECTION OF INSIDE DIRECTOR: SI CHEOL NO | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDITOR: CHAE MIN IM | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF LIMIT OF REMUNERATION FOR DIRECTORS | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF LIMIT OF REMUNERATION FOR AUDITORS | MGMT | FOR | WITH MANAGEMENT | ||||
LG CORP, SEOUL | 6537030 | 25-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT: (EXPECTED DIVIDEND: KRW 1,300 PER ORDINARY SHS AND KRW 1,350 PER PREFERRED SHS) | MGMT | FOR | WITH MANAGEMENT | 6,900 |
ELECTION OF DIRECTOR (CANDIDATES: BONMU KOO, HONGGI KIM, YEONGBO NO, SANGTAE CHOI) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER (CANDIDATE: SANGTAE CHOI) | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
ITS SKIN CO. LTD., SEOUL | BZ1HBQ7 | 25-Mar-2016 | APPROVAL OF FINANCIAL STATEMENTS | MGMT | FOR | WITH MANAGEMENT | 5,494 |
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
NCSOFT CORP, SEOUL | 6264189 | 25-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 20,680 |
AMENDMENT OF ARTICLES OF INCORPORATION | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
ELECTION OF A NON-PERMANENT DIRECTOR (CANDIDATE: BYEONGMU PARK) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATES: MYEONG OH, YUNSEOK SEO, DONGHUN HYUN) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER (CANDIDATES: BYEONGMU PARK, MYEONG OH, YUNSEOK SEO) | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
5 of 7 Pages
PROXY VOTING REPORT
FOR THE PERIOD JULY 1, 2015 TO JUNE 30, 2016
KOREA EQUITY FUND
Company Name | Security ID | Meeting Date | Proposal | Proposed By | Vote | With/Against MGMT | Voted Shares |
CUCKOO ELECTRONICS CO. LTD., YANGSAN | BPF0559 | 25-Mar-2016 | APPROVAL OF FINANCIAL STATEMENTS | MGMT | FOR | WITH MANAGEMENT | 11,488 |
ELECTION OF OUTSIDE DIRECTOR SEO JAE YEONG | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER CANDIDATE: SEO JAE YEONG | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
KOREA ZINC CO LTD, SEOUL | 6495428 | 25-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 8,310 |
ELECTION OF DIRECTORS: CHOE YUN BEOM, JANG HYEONG JIN, GIM JONG SUN, JU BONG HYEON, I JIN GANG | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER: GIM JONG SUN | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF LIMIT OF REMUNERATION FOR DIRECTORS | MGMT | FOR | WITH MANAGEMENT | ||||
HANATOUR SERVICE INC, SEOUL | 6311632 | 25-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 3,605 |
APPROVAL OF PARTIAL AMENDMENT TO ARTICLES OF INCORPORATION | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
ELECTION OF INSIDE DIRECTOR: JIN GUK KIM | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: JEONG WOO BYEON | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: JANG SEOK HAN | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: GEUN HO JO | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER: JEONG WOO BYEON | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER: JANG SEOK HAN | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER: GEUN HO JO | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF LIMIT OF REMUNERATION FOR DIRECTORS | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
I-SENS, INC., SEOUL | B94K2F7 | 25-Mar-2016 | APPROVAL OF FINANCIAL STATEMENTS | MGMT | FOR | WITH MANAGEMENT | 24,862 |
AMENDMENT OF ARTICLES OF INCORP | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF INSIDE DIRECTOR YUN JONG U | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR AUDITOR | MGMT | FOR | WITH MANAGEMENT | ||||
GRANT OF STOCK OPTION | MGMT | FOR | WITH MANAGEMENT | ||||
KOREA AUTOGLASS CORPORATION | BDJ0FT5 | 25-Mar-2016 | APPROVAL OF LIMIT OF REMUNERATION FOR DIRECTORS | MGMT | AGAINST | WITH MANAGEMENT | 220,378 |
APPROVAL OF LIMIT OF REMUNERATION FOR AUDITORS | MGMT | FOR | WITH MANAGEMENT | ||||
LOTTE CHILSUNG BEVERAGE CO LTD, SEOUL | 6535443 | 25-Mar-2016 | APPROVAL OF FINANCIAL STATEMENTS | MGMT | FOR | WITH MANAGEMENT | 970 |
ELECTION OF INSIDE DIRECTOR: I YEONG GU | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: I SEOK YUN | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: CHAE GYEONG SU | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR: I SEOK YUN | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR: CHAE GYEONG SU | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
INDUSTRIAL BANK OF KOREA, SEOUL | 6462972 | 25-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 67,434 |
AMENDMENT OF ARTICLES OF INCORPORATION | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR AUDITOR | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
6 of 7 Pages
PROXY VOTING REPORT
FOR THE PERIOD JULY 1, 2015 TO JUNE 30, 2016
KOREA EQUITY FUND
Company Name | Security ID | Meeting Date | Proposal | Proposed By | Vote | With/Against MGMT | Voted Shares |
HYUNDAI DEVELOPMENT CO - ENGINEERING & CONSTRUCTIO | 6402428 | 25-Mar-2016 | APPROVAL OF FINANCIAL STATEMENTS | MGMT | FOR | WITH MANAGEMENT | 16,000 |
AMENDMENT OF ARTICLES OF INCORP. CLASSES OF SHARES | MGMT | FOR | WITH MANAGEMENT | ||||
AMENDMENT OF ARTICLES FOR NON-VOTING PREFERENCE SHARES | MGMT | FOR | WITH MANAGEMENT | ||||
AMENDMENT OF ARTICLES FOR NON-VOTING CONVERTIBLE PREFERENCE SHARES | MGMT | FOR | WITH MANAGEMENT | ||||
AMENDMENT OF ARTICLES FOR NON-VOTING CALLABLE PREFERENCE SHARES | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF INSIDE DIRECTOR GIM JAE SIK | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
ELECTION OF INSIDE DIRECTOR YUK GEUN YANG | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR BAK SUN SEONG | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR JEONG HYEONG MIN | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR BAK SUN SEONG | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
AJ RENT A CAR CO LTD, SEOUL | B7MF5R3 | 25-Mar-2016 | APPROVAL OF FINANCIAL STATEMENTS | MGMT | FOR | WITH MANAGEMENT | 69,305 |
APPROVAL OF REMUNERATION FOR DIRECTOR AND APPROVAL OF REMUNERATION FOR AUDITOR | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF DIRECTOR: BAK GYEONG WON | MGMT | FOR | WITH MANAGEMENT | ||||
IMARKETKOREA INC, SEOUL | B3MDMR8 | 29-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 47,320 |
APPROVAL OF PARTIAL AMENDMENT TO ARTICLES OF INCORPORATION | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF INSIDE DIRECTOR: GYU IL KIM | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: SUNG GYUN KIM | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: SOON HONG MIN | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER: JAE JOON RYU | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER: SUNG GYUN KIM | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER: SOON HONG MIN | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF LIMIT OF REMUNERATION FOR DIRECTORS | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF LIMIT OF REMUNERATION FOR AUDITORS | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF STOCK OPTION FOR STAFF | MGMT | FOR | WITH MANAGEMENT | ||||
COWAY CO.LTD., KONGJU | 6173401 | 29-Mar-2016 | APPROVAL OF FINANCIAL STATEMENT | MGMT | FOR | WITH MANAGEMENT | 47,845 |
ENDOWMENT OF STOCK PURCHASE OPTION | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF A NON-PERMANENT DIRECTOR (CANDIDATE: YEONSEOK CHOI) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATE: JUNGSIK LEE) | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR (CANDIDATE: JUNHO LEE) | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR DIRECTOR | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF REMUNERATION FOR AUDITOR | MGMT | FOR | WITH MANAGEMENT | ||||
LOEN ENTERTAINMENT INC, UIWANG | 6321028 | 30-Mar-2016 | APPROVAL OF FINANCIAL STATEMENTS | MGMT | FOR | WITH MANAGEMENT | 6,100 |
ELECTION OF INSIDE DIRECTOR: BEOM SOO KIM | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF INSIDE DIRECTOR: SEONG HOON PARK | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: SEONG TAE HONG | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: SIN JANG GANG | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: YI CHAN HONG | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: IL HO KIM | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF OUTSIDE DIRECTOR: JONG HEON PARK | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER: SIN JANG GANG | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER: YI CHAN HONG | MGMT | FOR | WITH MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER: IL HO KIM | MGMT | FOR | WITH MANAGEMENT | ||||
APPROVAL OF LIMIT OF REMUNERATION FOR DIRECTORS | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
KOREA ELECTRIC POWER CORP, NAJU | 6495730 | 25-Apr-2016 | ELECTION OF A PERMANENT DIRECTOR CANDIDATES: LEE SEONG HAN | MGMT | AGAINST | AGAINST MANAGEMENT | 45,130 |
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN PERMANENT DIRECTOR CANDIDATES: LEE SEONG HAN | MGMT | AGAINST | AGAINST MANAGEMENT | ||||
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS NOT A PERMANENT DIRECTOR CANDIDATES: JO JEON HYEOK | MGMT | FOR | WITH MANAGEMENT | ||||
GRAND KOREA LEISURE CO LTD, SEOUL | B4347P0 | 15-Jun-2016 | ELECTION OF DIRECTOR: GWON HWAN GWAK, HWANG SOOK PARK | MGMT | FOR | WITH MANAGEMENT | 21,000 |
7 of 7 Pages
Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
KOREA EQUITY FUND, INC. | |||
By: | /s/ Yutaka Itabashi | ||
Name: | Yutaka Itabashi | ||
President, Principal Executive Officer | |||
Date: | August 30, 2016 | ||