JB Financial Group maintains outside directors to promote corporate value enhancement
JB Financial Group announced that all the agendas proposed by the board of directors at the 10th regular general meeting of shareholders held at the main branch in Jeonju on March 30 were passed as the original proposal.
These included the approval of the 10th financial statements and profit dividends, amendments to the articles of incorporation, appointment of outside directors, appointment of outside directors to serve as audit committee members, appointment of audit committee members, and approval of directors’ remuneration limit.
As for No. 1-2 common stock cash dividends, the 715 won per share proposal proposed by the board of directors was approved. A dividend of 900 won per share proposed by some shareholders was rejected.
In addition, regarding the third director appointment, the outside director candidate proposal proposed by the Executive Candidate Recommendation Committee was approved, and the outside director candidate proposal proposed by some shareholders was rejected.
An official from JB Financial Group said, “We respect the judgment of shareholders who believed in and supported our shareholder value enhancement strategy. In the future, JB Financial Holdings will listen to the opinions of all shareholders and do its best to establish itself as a small but strong 'small but powerful financial group' in line with changes in the financial market."
Meanwhile JB Financial Group is a comprehensive financial group with Jeonbuk Bank, Kwangju Bank, JB Woori Capital, and JB Asset Management as subsidiaries, Phnom Penh Commercial Bank (PPCBank), JB Capital Myanmar, JB Securities Vietnam, and JB Phnom Penh Asset Management as sub-subsidiaries.
