Heungkuk Asset Management Sends Shareholder Letter to SK Hynix, Criticizes Investment Plan Decision Process

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According to Yonhapinfomax, Heungkuk Asset Management sent a shareholder letter on July 9 to SK Hynix's board, criticizing a major investment plan that was announced by SK Group Chairman Chey Tae-won before formal board deliberation. The fund company alleged the large-scale investment plan was disclosed by the company's largest shareholder prior to board review. SK Hynix said it has no official comment on individual shareholder letters.
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