Heung Kuk Asset Management Withdraws Shareholder Letter to SK Hynix One Day After Sending

According to Newsis, on July 9, Heung Kuk Asset Management withdrew a shareholder letter sent the previous day to SK Hynix's board of directors. The letter had criticized the company for announcing a 1100 trillion Korean won medium-term investment plan before board approval, with the plan showing a blank 'board resolution date' on the official filing. Heung Kuk stated the letter represented the personal opinion of the equity management division head, not the company's official position, and contained content that could cause unnecessary misunderstandings.
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