Flashlight Capital seeks shareholder registers from five Samsung group units in fight over S-1 Corp
Flashlight Capital seeks shareholder registers from five Samsung group units in fight over S-1 Corp By Gregor Stuart Hunter
SINGAPORE, Sept 9 (Reuters) - Activist investor Flashlight Capital Partners has requested to inspect the shareholder registers of five units of the powerful Samsung conglomerate that hold a substantial stake in S-1 Corporation 012750.KS, escalating a campaign to improve returns at the South Korean security company.
Sanghyun Lee, the founder and CEO of Singapore-based Flashlight, is seeking to reach out directly to shareholders of five units of the chaebol that appear to exert outsized influence over S-1, which has lagged the returns of the benchmark KOSPI .KS11 over the past few years.
(Reporting by Gregor Stuart Hunter; Editing by Tom Hogue)
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