Send E-mail
  • Hermes Investment increases stake in Lotte Fine Chemical
    Hermes Investment increases stake in Lotte Fine Chemical
    UK-based Hermes Investment disclosed on Sept .6 that it has purchased 275,830 shares of Lotte Fine Chemical along with five other persons with special interest.Consequently, its stake in Lotte Fine Chemical has risen to 6.12 percent from 5.05 percent. In 2004, Hermes Investment purchased a 5 percent stake in Samsung C&T. It claimed it had no interest in managerial control, but afterward, it demanded improvement in t...
From
Send to
Close Send

Hermes Investment increases stake in Lotte Fine Chemical

Sept. 7, 2016 - 11:32 By 김지현
[THE INVESTOR] UK-based Hermes Investment disclosed on Sept .6 that it has purchased 275,830 shares of Lotte Fine Chemical along with five other persons with special interest.

Consequently, its stake in Lotte Fine Chemical has risen to 6.12 percent from 5.05 percent.

In 2004, Hermes Investment purchased a 5 percent stake in Samsung C&T. It claimed it had no interest in managerial control, but afterward, it demanded improvement in the firm’s corporate governance. 

By Kim Ji-hyun (jemmie@heraldcorp.com)
Most Popular