If a company acquires more than 10 percent of the total number of issued and outstanding shares in another company, it shall without delay notify the company of such acquisition.[This Article Newly Inserted by Act No. 5053, Dec. 29, 1995]
Laws › Commercial Act › Sub-Section 1 Shares and Share Certificates
Commercial Act — Article 342-3 (Acquisition of Another Company's Shares)
상법 제342조의3
This English translation is based on the Korean text effective 2018-12-19. The Korean law has since been amended (current version effective 2026-09-10) — check the Korean original.
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