0001193125-21-262092.txt : 20210831 0001193125-21-262092.hdr.sgml : 20210831 20210831162922 ACCESSION NUMBER: 0001193125-21-262092 CONFORMED SUBMISSION TYPE: N-PX PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210630 FILED AS OF DATE: 20210831 DATE AS OF CHANGE: 20210831 EFFECTIVENESS DATE: 20210831 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KOREA FUND INC CENTRAL INDEX KEY: 0000748691 IRS NUMBER: 133226146 STATE OF INCORPORATION: MD FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: N-PX SEC ACT: 1940 Act SEC FILE NUMBER: 811-04058 FILM NUMBER: 211227346 BUSINESS ADDRESS: STREET 1: JPMORGAN ASSET MANAGEMENT STREET 2: 60 VICTORIA EMBANKMENT CITY: LONDON STATE: X0 ZIP: EC4Y 0JP BUSINESS PHONE: 212-739-3000 MAIL ADDRESS: STREET 1: JPMORGAN ASSET MANAGEMENT STREET 2: 60 VICTORIA EMBANKMENT CITY: LONDON STATE: X0 ZIP: EC4Y 0JP N-PX 1 d189348dnpx.txt FORM N-PX ================================================================================ 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: 811-04058 ----------------- THE KOREA FUND, INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER) ----------------- 60 VICTORIA EMBANKMENT LONDON EC4Y 0JP (ADDRESS OF PRINCIPAL EXECUTIVE OFFICE) ----------------- C/O CARMINE LEKSTUTIS, CHIEF LEGAL OFFICER JPMORGAN, 4 NEW YORK PLAZA NEW YORK, NY 10004 (NAME AND ADDRESS OF AGENT FOR SERVICE) ----------------- REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: +44 207 742 3436 DATE OF FISCAL YEAR END: JUNE 30 DATE OF REPORTING PERIOD: JULY 1, 2020 THROUGH JUNE 30, 2021 ================================================================================ ITEM 1. PROXY VOTING RECORD ******************************* FORM N-Px REPORT ******************************* ICA File Number: 811-04058 Reporting Period: 07/01/2020 - 12/31/2020 The Korea Fund, Inc. ============================= The Korea Fund, Inc. ============================= HUGEL, INC. Ticker: 145020 Security ID: Y3R47A100 Meeting Date: DEC 09, 2020 Meeting Type: Special Record Date: NOV 12, 2020 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Reduction in Capital For For Management 2 Approve Adjustment of Exercise Price For For Management of Stock Option -------------------------------------------------------------------------------- KANGWON LAND, INC. Ticker: 035250 Security ID: Y4581L105 Meeting Date: AUG 14, 2020 Meeting Type: Special Record Date: JUL 13, 2020 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Kim Nak-hoe as Outside Director For For Management 1.2 Elect Park Mi-ock as Outside Director For For Management 2.1 Elect Kim Nak-hoe as a Member of Audit For For Management Committee 3 Amend Articles of Incorporation For For Management -------------------------------------------------------------------------------- KANGWON LAND, INC. Ticker: 035250 Security ID: Y4581L105 Meeting Date: NOV 12, 2020 Meeting Type: Special Record Date: OCT 12, 2020 # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Ko Gwang-pil as Inside Director For For Management -------------------------------------------------------------------------------- KB FINANCIAL GROUP, INC. Ticker: 105560 Security ID: Y46007103 Meeting Date: NOV 20, 2020 Meeting Type: Special Record Date: OCT 12, 2020 # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Yoon Jong Kyoo as Inside Director For For Management 2 Elect Hur Yin as Non-Independent For For Management Non-Executive Director 3 Elect Yun Sun-jin as Outside Director Against Against Shareholder - Shareholder Proposal 4 Elect Ryu Young-jae as Outside Against Against Shareholder Director - Shareholder Proposal -------------------------------------------------------------------------------- LG CHEM LTD. Ticker: 051910 Security ID: Y52758102 Meeting Date: OCT 30, 2020 Meeting Type: Special Record Date: OCT 05, 2020 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Split-Off Agreement For For Management -------------------------------------------------------------------------------- LG CHEM LTD. Ticker: 051910 Security ID: Y52758110 Meeting Date: OCT 30, 2020 Meeting Type: Special Record Date: OCT 05, 2020 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Split-Off Agreement For For Management ========== END NPX REPORT
PRIMARY PRIMARY PRIMARY MEETING RECORD COMPANY NAME SECURITY ID PRIMARY ISIN CUSIP SEDOL COUNTRY DATE DATE Kangwon Land, Inc. Y4581L105 KR7035250000 Y4581L105 6683449 South Korea 29-Jan-21 06-Jan-21 Kangwon Land, Inc. Y4581L105 KR7035250000 Y4581L105 6683449 South Korea 29-Jan-21 06-Jan-21 Kangwon Land, Inc. Y4581L105 KR7035250000 Y4581L105 6683449 South Korea 29-Jan-21 06-Jan-21 Kangwon Land, Inc. Y4581L105 KR7035250000 Y4581L105 6683449 South Korea 29-Jan-21 06-Jan-21 HYBE Co., Ltd. Y0S0UG104 KR7352820005 Y0S0UG104 BNGCJ25 South Korea 14-May-21 19-Apr-21 HYBE Co., Ltd. Y0S0UG104 KR7352820005 Y0S0UG104 BNGCJ25 South Korea 14-May-21 19-Apr-21 GS Retail Co., Ltd. Y2915J101 KR7007070006 Y2915J101 B7F9Q79 South Korea 28-May-21 19-Apr-21 GS Retail Co., Ltd. Y2915J101 KR7007070006 Y2915J101 B7F9Q79 South Korea 28-May-21 19-Apr-21 Korea Electric Power Corp. Y48406105 KR7015760002 Y48406105 6495730 South Korea 28-May-21 22-Mar-21 Korea Electric Power Corp. Y48406105 KR7015760002 Y48406105 6495730 South Korea 28-May-21 22-Mar-21 Korea Electric Power Corp. Y48406105 KR7015760002 Y48406105 6495730 South Korea 28-May-21 22-Mar-21 Daewoo Engineering & Construction Co. Ltd. Y1888W107 KR7047040001 Y1888W107 6344122 South Korea 07-Jun-21 07-May-21 Daewoo Engineering & Construction Co. Ltd. Y1888W107 KR7047040001 Y1888W107 6344122 South Korea 07-Jun-21 07-May-21 Kangwon Land, Inc. Y4581L105 KR7035250000 Y4581L105 6683449 South Korea 23-Jun-21 30-Apr-21 Kangwon Land, Inc. Y4581L105 KR7035250000 Y4581L105 6683449 South Korea 23-Jun-21 30-Apr-21 Kangwon Land, Inc. Y4581L105 KR7035250000 Y4581L105 6683449 South Korea 23-Jun-21 30-Apr-21
PROPOSAL MEETING VOTABLE SHARES SHARES SEQUENCE PROPOSAL VOTABLE COMPANY NAME TYPE SHARES ON LOAN VOTED PROPONENT NUMBER NUMBER PROPOSAL Kangwon Land, Inc. Special 89595 0 89595 Management 2 1.1 Yes Kangwon Land, Inc. Special 89595 0 89595 Management 3 1.2 Yes Kangwon Land, Inc. Special 89595 0 89595 Management 4 2 Yes Kangwon Land, Inc. Special 89595 0 89595 Management 5 3 Yes HYBE Co., Ltd. Special 4200 0 4200 Management 1 1 Yes HYBE Co., Ltd. Special 4200 0 4200 Management 2 2 Yes GS Retail Co., Ltd. Special 110000 0 110000 Management 1 1 Yes GS Retail Co., Ltd. Special 110000 0 110000 Management 2 2 Yes Korea Electric Power Corp. Special 138000 0 138000 Management 1 1 Yes Korea Electric Power Corp. Special 138000 0 138000 Management 2 2 Yes Korea Electric Power Corp. Special 138000 0 138000 Management 3 3 Yes Daewoo Engineering & Construction Co. Ltd. Special 570400 0 570400 Management 1 1 Yes Daewoo Engineering & Construction Co. Ltd. Special 570400 0 570400 Management 2 2 Yes Kangwon Land, Inc. Special 84000 0 84000 Management 1 1 Yes Kangwon Land, Inc. Special 84000 0 84000 Management 2 2 Yes Kangwon Land, Inc. Special 84000 0 84000 Management 3 3 Yes
MANAGEMENT COMPANY NAME PROPOSAL TEXT RECOMMENDATION Kangwon Land, Inc. Elect Park Gwang-hui as Inside Director For Kangwon Land, Inc. Elect Sim Gyu-ho as Inside Director For Kangwon Land, Inc. Elect Choi Gyeong-sik as Outside Director For Kangwon Land, Inc. Elect Kim Ju-il as Director to Serve as an Audit Committee Member For HYBE Co., Ltd. Approve Split-Off Agreement For HYBE Co., Ltd. Elect Scott Braun as Inside Director For GS Retail Co., Ltd. Approve Merger Agreement with GS Home Shopping, Inc. For GS Retail Co., Ltd. Amend Articles of Incorporation For Korea Electric Power Corp. Elect Jeong Seung-il as CEO For Korea Electric Power Corp. Elect Park Heon-gyu as Inside Director For Korea Electric Power Corp. Elect Park Hyo-seong as a Member of Audit Committee For Daewoo Engineering & Construction Co. Ltd. Amend Articles of Incorporation For Daewoo Engineering & Construction Co. Ltd. Elect Kim Hyeong as Inside Director For Kangwon Land, Inc. Elect Kim Young-su as Inside Director For Kangwon Land, Inc. Elect Kim Young-su as a Member of Audit Committee For Kangwon Land, Inc. Elect Lee Gwan-hyeong as Outside Director For
ISS VOTE COMPANY NAME RECOMMENDATION INSTRUCTION Kangwon Land, Inc. Against Against Kangwon Land, Inc. For For Kangwon Land, Inc. For For Kangwon Land, Inc. For For HYBE Co., Ltd. For For HYBE Co., Ltd. For For GS Retail Co., Ltd. For Do Not Vote GS Retail Co., Ltd. For Do Not Vote Korea Electric Power Corp. For For Korea Electric Power Corp. For For Korea Electric Power Corp. For For Daewoo Engineering & Construction Co. Ltd. For For Daewoo Engineering & Construction Co. Ltd. For For Kangwon Land, Inc. For For Kangwon Land, Inc. Against Against Kangwon Land, Inc. For For
SIGNATURES 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. (Registrant): The Korea Fund, Inc. By (Signature and Title)*: /s/ Simon J. Crinage --------------------------------------------- Name: Simon J. Crinage Title: President and Chief Executive Officer Date: August 31, 2021 * Print the name and title of each signing officer under his or her signature.