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   811-08002

Korea Equity Fund, Inc.
(Exact name of registrant as specified in charter)
   
Two World Financial Center, Building B, New York, New York
10281
(Address of principal executive offices)
(Zip code)
   
Mr. Masashi Terachi
Korea Equity Fund, Inc.
Two World Financial Center, Building B
New York, New York 10281
(Name and address of agent for service)
   
Registrant's telephone number, including area code:   (800) 833-0018
 
Date of fiscal year end:
October 31
 
Date of reporting period:
July 1, 2011 – June 30, 2012
 
 
 
 

 

 
PROXY VOTING REPORT
 
FOR THE PERIOD JULY 1, 2011 TO JUNE 30, 2012
     
KOREA EQUITY FUND  (A/C 8148009)
SEC. ID
 
COMPANY NAME
MTG DATE
     
DETAILS
PROPOSED BY
VOTE CAST
WITH/AGAINST MGMT
 
SHARES
 
  029780  
SAMSUNG CARD CO LTD
11-Aug-11
     
EGM
 
Vote For the Proposal
    89,224  
              1  
Election of inside director Hyeon Seong Cheol
MGMT
 
WITH MANAGEMENT
       
                                 
  047810  
KOREA AEROSPACE INDS LTD
17-Aug-11
       
EGM
 
Vote For All Proposals
    5,230  
              1  
Amendment of articles of incorp.
MGMT
 
WITH MANAGEMENT
       
              2  
Election of director Gim Hong Gyeo Ng, Gim Byeon Gil, Gu Yeong
Bo, Gwon O Hyeong, I Hyeon Cheol
MGMT
 
WITH MANAGEMENT
       
              3  
Grant of stock option
MGMT
 
WITH MANAGEMENT
       
                                 
  039130  
HANATOUR SVC INC
01-Sep-11
       
EGM
 
Vote For the Proposal
    40,192  
              1  
Approval of conditional delisting from Kosdaq
MGMT
 
WITH MANAGEMENT
       
              2  
Approval of the stock purchase option
MGMT
 
WITH MANAGEMENT
       
                                 
  071840  
HIMART CO LTD
30-Nov-11
       
EGM
 
Vote For the Proposal
    25,858  
              1  
Election of director (inside director): You Kyung Sun
MGMT
 
WITH MANAGEMENT
       
                                 
  000810  
SAMSUNG FIRE & MAR INS
07-Feb-12
       
EGM
 
Vote Against the Proposal
    13,206  
              1  
Election of director Gim Chang Su, Jeon Yong
Bae
MGMT
 
AGAINST MANAGEMENT
       
                                 
  033780  
KT & G CORP
24-Feb-12
       
AGM
 
Vote For All Proposals
    32,616  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Election of Outside Directors: Wonyong Kim, Inho Kim and Wonik Son
MGMT
 
WITH MANAGEMENT
       
              3  
Election of Audit Committee Member: Wonik Son
MGMT
 
WITH MANAGEMENT
       
              4  
Approval of remuneration for Director
MGMT
 
WITH MANAGEMENT
       
                                 
  007070  
GS RETAIL CO LTD
16-Mar-12
       
AGM
 
Vote For All Proposals
    26,220  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Amendment of articles of Incorp.
MGMT
 
WITH MANAGEMENT
       
              3  
Election of director: Jo Yoon Seong
MGMT
 
WITH MANAGEMENT
       
              4  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
                                 
  008770  
HOTEL SHILLA LTD.
16-Mar-12
       
AGM
 
Vote For All Proposals
    55,890  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Election of directors: Internal Candidate: Han In Gyu, External Candidates: Mo Cheol Min, Choi Hyun Cheol
MGMT
 
WITH MANAGEMENT
       
              3  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
              4  
Approval of remuneration for auditor
MGMT
 
WITH MANAGEMENT
       
                                 
  012330  
HYUNDAI MOBIS
16-Mar-12
       
AGM
 
Vote For All except Vote Against 3, 4
    57,675  
              1  
Approval of financial statement
MGMT
 
WITH MANAGEMENT
       
              2  
Amendment of the articles of incorporation
MGMT
 
WITH MANAGEMENT
       
              3  
Election of director Choi Byeong Cheol election of outside directors Lee Woo Il, Gim Gi Chan
MGMT
 
AGAINST MANAGEMENT
       
              4  
Election of the members of audit committee Lee Woo Il, Gim Gi Chan
MGMT
 
AGAINST MANAGEMENT
       
              5  
Approval of remuneration limit of directors
MGMT
 
WITH MANAGEMENT
       
                                 
  005380  
HYUNDAI MOTOR CO
16-Mar-12
       
AGM
 
Vote For All Proposals
    17,356  
              1  
Approve appropriation of income and dividends of KRW 1,750 per Common Share, KRW 1,800 per Preferred Share 1, KRW 1,850 per Preferred Share 2, and KRW 1,800 per Preferred Share 3
MGMT
 
WITH MANAGEMENT
       
              2  
Election of director: Gim Chung Ho, Yun Gap
Han, Gang Il Hyeong, Im Yeong Cheol
MGMT
 
WITH MANAGEMENT
       
              3  
Election of audit committee member: Gang Il
Hyeong, Im Yeong Cheol
MGMT
 
WITH MANAGEMENT
       
              4  
Amendment of articles of incorp
MGMT
 
WITH MANAGEMENT
       
              5  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
                                 
  053210  
KT SKYLIFE CO LTD
16-Mar-12
       
AGM
 
Vote For All Proposals
    48,210  
              1  
Approval of financial statement
MGMT
 
WITH MANAGEMENT
       
              2  
Approval of partial amendment to articles of
incorporation
MGMT
 
WITH MANAGEMENT
       
              3  
Election of inside directors: Mun Jae Cheol and Nam Gyu Taek. Election of outside directors: Gang Sin Cheol and I Jun Sam
MGMT
 
WITH MANAGEMENT
       
              4  
Approval of limit of remuneration for directors
MGMT
 
WITH MANAGEMENT
       
              5  
Approval of limit of remuneration for auditors
MGMT
 
WITH MANAGEMENT
       
              6  
Approval of stock option
MGMT
 
WITH MANAGEMENT
       
                                 
  051910  
LG CHEM LTD
16-Mar-12
       
AGM
 
Vote For All except Vote Against 2
    15,715  
              1  
Approve Appropriation of Income and Dividends of KRW 4,000 per Common Share and KRW 4,050 per Preferred Share
MGMT
 
WITH MANAGEMENT
       
              2  
Amend Articles of Incorporation
MGMT
 
AGAINST MANAGEMENT
       
              3  
Elect Four Inside Directors, One Non-
Independent Non-Executive Director, and Two Outside Directors: Gim Ban Seok, Bak Jin Su, Bak Yeong Gi, Gwon Yeong Su, Jo Jun Ho, Gim Jang Ju, Gim Jin Gon
MGMT
 
WITH MANAGEMENT
       
              4  
Approve Total Remuneration of Inside Directors and Outside Directors
MGMT
 
WITH MANAGEMENT
       
                                 
  060980  
MANDO CORP
16-Mar-12
       
AGM
 
Vote For All Proposals
    11,312  
              1  
Approval of financial statement
MGMT
 
WITH MANAGEMENT
       
              2  
Approval of partial amendment to articles of
incorporation
MGMT
 
WITH MANAGEMENT
       
              3  
Election of directors .(2 inside directors: Mong Won Jung , Il Mo Sung, 5 outside directors: in Chul Kim, Sung Pil Hong, Wan Ju, Young Soo Kim, Myung Ho Sunwoo)
MGMT
 
WITH MANAGEMENT
       
              4  
Election of audit committee members .(3 outside directors: in Chul Kim, Wan Ju, Myung Ho Sunwoo)
MGMT
 
WITH MANAGEMENT
       
              5  
Approval of limit of remuneration for directors
MGMT
 
WITH MANAGEMENT
       
                                 
  000830  
SAMSUNG C&T CORP
16-Mar-12
       
AGM
 
Vote For All Proposals
    27,062  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Election of directors: I Jong Uk, I Hyeon Su,
Jeong Gyu Jae, Yun Chang Hyeon, Sang Yeong Jo
MGMT
 
WITH MANAGEMENT
       
              3  
Election of audit committee members: I Jong Uk, Jeong Gyu Jae, Yun Chang Hyeon
MGMT
 
WITH MANAGEMENT
       
              4  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
                                 
  029780  
SAMSUNG CARD CO LTD
16-Mar-12
       
AGM
 
Vote For All Proposals
    106,040  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Election of director Song Seung Hwan
MGMT
 
WITH MANAGEMENT
       
              3  
Election of audit committee member Cha Eun
Yeong
MGMT
 
WITH MANAGEMENT
       
              4  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
                                 
  005930  
SAMSUNG ELECTRONICS CO LTD
16-Mar-12
       
AGM
 
Vote For All Proposals
    22,180  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2.1  
Election of outside directors: Mr. Dong Min Yoon, Dr. Han-joong Kim, and Dr. Byeong Gi Lee
MGMT
 
WITH MANAGEMENT
       
              2.2  
Election of inside directors: Mr. Geesung Choi, Dr. Oh-Hyun Kwon, and Mr. Juhwa Yoon
MGMT
 
WITH MANAGEMENT
       
              2.3  
Election of the members of audit committee: Mr. Dong-Min Yoon and Dr. Han-joong Kim
MGMT
 
WITH MANAGEMENT
       
              3  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
              4  
Approval of split-off approval of physical division
MGMT
 
WITH MANAGEMENT
       
                                 
  028050  
SAMSUNG ENG CO LTD
16-Mar-12
       
AGM
 
Vote For All Proposals
    38,646  
              1  
Approval of financial statement
MGMT
 
WITH MANAGEMENT
       
              2  
Election of director Jang Ji Jong
MGMT
 
WITH MANAGEMENT
       
              3  
Election of the member of audit committee Gim
Sang Hoon
MGMT
 
WITH MANAGEMENT
       
              4  
Approval of remuneration limit for directors
MGMT
 
WITH MANAGEMENT
       
                                 
  033500  
FINETEC CORP
22-Mar-12
       
AGM
 
Vote For All except Vote Against 2, 6
    171,087  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Amendment of articles of incorporation
MGMT
 
AGAINST MANAGEMENT
       
              3.1  
Election of director Baek Jeong Ho
MGMT
 
WITH MANAGEMENT
       
              3.2  
Election of director U Yong Hwan
MGMT
 
WITH MANAGEMENT
       
              3.3  
Election of outside director Gim Yeong Gyun
MGMT
 
WITH MANAGEMENT
       
              4  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
              5  
Approval of remuneration for auditor
MGMT
 
WITH MANAGEMENT
       
              6  
Amendment of articles on retirement allowance for director
MGMT
 
AGAINST MANAGEMENT
       
                                 
  068270  
CELLTRION INC
23-Mar-12
       
AGM
 
Vote For All Proposals
    71,392  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Amendment of articles of incorp.
MGMT
 
WITH MANAGEMENT
       
              3.1  
Election of inside director: Jungjin Seo
MGMT
 
WITH MANAGEMENT
       
              3.2  
Election of other non-executive director: Kyungho Lee
MGMT
 
WITH MANAGEMENT
       
              3.3  
Election of outside director: Dongil Kim
MGMT
 
WITH MANAGEMENT
       
              3.4  
Election of outside director: Yosep Lee
MGMT
 
WITH MANAGEMENT
       
              3.5  
Election of outside director:  Kyunsuk Cho
MGMT
 
WITH MANAGEMENT
       
              4  
Election of audit committee member Gim Dong Il, I Yo Seb, Jo Gyun Seok
MGMT
 
WITH MANAGEMENT
       
              5  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
              6  
Grant of stock option
MGMT
 
WITH MANAGEMENT
       
                                 
  114120  
CRUCIALTEC CO LTD
23-Mar-12
       
AGM
 
Vote For All Except Vote Against 2
    187,513  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Amendment of articles of incorp
MGMT
 
AGAINST MANAGEMENT
       
              3  
Election of director Jeong Byeong Cheol
MGMT
 
WITH MANAGEMENT
       
              4  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
              5  
Approval of remuneration for auditor
MGMT
 
WITH MANAGEMENT
       
                                 
  077360  
DUK SAN HI METAL CO
23-Mar-12
       
AGM
 
Vote For All Except Vote Against 1, 2, 7
    46,988  
              1  
Approval of financial statements
MGMT
 
AGAINST MANAGEMENT
       
              2  
Amendment of articles of incorp
MGMT
 
AGAINST MANAGEMENT
       
              3.1  
Election of inside director I Jun Ho
MGMT
 
WITH MANAGEMENT
       
              3.2  
Election of inside director Gang Byeong Ju
MGMT
 
WITH MANAGEMENT
       
              3.3  
Election of inside director I Su Hun
MGMT
 
WITH MANAGEMENT
       
              3.4  
Election of outside director Gim Yun Hui
MGMT
 
WITH MANAGEMENT
       
              4  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
              5  
Approval of remuneration for auditor
MGMT
 
WITH MANAGEMENT
       
              6  
Grant of stock option
MGMT
 
WITH MANAGEMENT
       
              7  
Amendment of articles on retirement allowance for director
MGMT
 
AGAINST MANAGEMENT
       
                                 
  081660  
FILA KOREA LTD
23-Mar-12
       
AGM
 
Vote For All except Vote Against 3, 5, 7
    43,693  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Amendment of articles of incorporation
MGMT
 
WITH MANAGEMENT
       
              3  
Election of internal director candidate: Kiho Lee, Sanghak Han, Sunghoon Lee; election of
external director candidate: Youngwoo Jung,
Jungil Choi
MGMT
 
AGAINST MANAGEMENT
       
              4  
Election of auditor candidate: Kangyoun Lee
MGMT
 
WITH MANAGEMENT
       
              5  
Approval of remuneration for director
MGMT
 
AGAINST MANAGEMENT
       
              6  
Approval of remuneration for auditor
MGMT
 
WITH MANAGEMENT
       
              7  
Amendment of articles on retirement allowance for director
MGMT
 
AGAINST MANAGEMENT
       
                                 
  086790  
HANA FINANCIAL GRP
23-Mar-12
       
AGM
 
Vote For All Proposals
    22,280  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Approval of statement of appropriation of retained earnings
MGMT
 
WITH MANAGEMENT
       
              3  
Amendment of articles of incorp
MGMT
 
WITH MANAGEMENT
       
              4.1  
Election of director Gim Jeong Tae, Choe Heung Sik, Gim Jong Jun, Yu Byeong Taek, I Gu Taek, Gim Gyeong Seop, Heo No Jung, Choe Gyeong Gyu, I Sang Bin, Bak Bong Su, Hwang Deoknam
MGMT
 
WITH MANAGEMENT
       
              4.2  
Election of audit committee member who is an
outside director Gim Gyeong Seop, Choe
Gyeong Gyu, Igu Taek, Bak Bong Su, Hwang
Deok Nam
MGMT
 
WITH MANAGEMENT
       
              5  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
                                 
  000080  
HITE JINRO CO
23-Mar-12
       
AGM
 
Vote For All Proposals
    22,360  
              1  
Approval of financial statement
MGMT
 
WITH MANAGEMENT
       
              2  
Approval of partial amendment to articles of
incorporation
MGMT
 
WITH MANAGEMENT
       
              3  
Approval of limit of remuneration and bonus for directors
MGMT
 
WITH MANAGEMENT
       
                                 
  057050  
HYUNDAI HSN CORP
23-Mar-12
       
AGM
 
Vote For All Proposals
    9,840  
              1  
Approval of financial statement
MGMT
 
WITH MANAGEMENT
       
              2  
Election of directors: Gim In Gwon and Gim
Jeong Min
MGMT
 
WITH MANAGEMENT
       
              3  
Election of audit committee member: Gim Jeong Min
MGMT
 
WITH MANAGEMENT
       
              4  
Approval of limit of remuneration for directors
MGMT
 
WITH MANAGEMENT
       
                                 
  010130  
KOREA ZINC CO LTD
23-Mar-12
       
AGM
 
Vote For All Proposals
    16,661  
              1  
Approval of financial statement
MGMT
 
WITH MANAGEMENT
       
              2  
Election of Directors Choe Chang Geol, Jang
Hyeong Jin, Bak Cheong Bu, Song Jeong Ho,
Gim Jong Sun
MGMT
 
WITH MANAGEMENT
       
              3  
Election of Audit Committee Member Bak
Cheong Bu, Gim Jong Sun
MGMT
 
WITH MANAGEMENT
       
              4  
Approval of limit of remuneration for directors
MGMT
 
WITH MANAGEMENT
       
                                 
  023530  
LOTTE SHOPPING CO
23-Mar-12
       
AGM
 
Vote For All except Vote Against 3.1, 3.3
    7,755  
              1  
Approval of financial statement
MGMT
 
WITH MANAGEMENT
       
              2  
Amendment of articles of incorp
MGMT
 
WITH MANAGEMENT
       
              3.1  
Election of outside director Gim Se Ho, I Hong
Ro, Min Sang Gi, Gim Won Hui, Gim Tae Hyeon
MGMT
 
AGAINST MANAGEMENT
       
              3.2  
Election of inside director Sin Dong Bin, I In Won, Sin Yeong Ja, Sin Heon
MGMT
 
WITH MANAGEMENT
       
              3.3  
Election of audit committee member I Hong Ro, Min Sang Gi, Gim Won Hui
MGMT
 
AGAINST MANAGEMENT
       
              4  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
                                 
                                 
                                 
  034730  
SK C&C CO LTD
23-Mar-12
       
AGM
 
Vote For All except Vote Against 5
    7,377  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Amendment of articles of incorp
MGMT
 
WITH MANAGEMENT
       
              3.1  
Election of outside director (candidate: Hwan
Kyun Lee)
MGMT
 
WITH MANAGEMENT
       
              3.2  
Election of outside director (candidate: Soon Sik Joo)
MGMT
 
WITH MANAGEMENT
       
              4.1  
Election of audit committee member as an
outside director(candidate: Hwan Kyun Lee)
MGMT
 
WITH MANAGEMENT
       
              4.2  
Election of audit committee member as an
outside director (candidate: Young Seok Han)
MGMT
 
WITH MANAGEMENT
       
              5  
Approval of remuneration for director
MGMT
 
AGAINST MANAGEMENT
       
              6  
Amendment of articles on retirement allowance for director
MGMT
 
WITH MANAGEMENT
       
                                 
  122870  
YG ENTERTAINMENT
23-Mar-12
       
AGM
 
Vote For All Proposals
    6,376  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2.1  
Election of inside director O Dong Won
MGMT
 
WITH MANAGEMENT
       
              2.2  
Election of inside director Hwang Bo Gyeong
MGMT
 
WITH MANAGEMENT
       
              3  
Election of outside director I Ho Sang
MGMT
 
WITH MANAGEMENT
       
              4  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
              5  
Approval of remuneration for auditor
MGMT
 
WITH MANAGEMENT
       
                                 
  138930  
BS FINANCIAL GRP
27-Mar-12
       
AGM
 
Vote For All Proposals
    232,450  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Amendment of articles of incorp.
MGMT
 
WITH MANAGEMENT
       
              3  
Election of directors: O Geo Don, Im Yeong Rok
MGMT
 
WITH MANAGEMENT
       
              4  
Election of audit committee member O Geo Don
MGMT
 
WITH MANAGEMENT
       
              5  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
                                 
  039130  
HANATOUR SVC INC
27-Mar-12
       
AGM
 
Vote For All except Vote Against 2
    40,192  
              1  
Approval of financial statement
MGMT
 
WITH MANAGEMENT
       
              2  
Approval of partial amendment to articles of
incorporation
MGMT
 
AGAINST MANAGEMENT
       
              3  
Election of an outside director (candidate: Sang Tae Kim)
MGMT
 
WITH MANAGEMENT
       
              4  
Election of an audit committee member
(candidate: Sang Tae Kim)
MGMT
 
WITH MANAGEMENT
       
              5  
Approval of limit of remuneration for directors
MGMT
 
WITH MANAGEMENT
       
                                 
  052690  
KEPCO ENG & CONTRUCTION
28-Mar-12
       
AGM
 
Vote For All Proposals
    5,934  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Election of Directors I Deok Gyu, Gang Gyeong Seong
MGMT
 
WITH MANAGEMENT
       
              3  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
              4  
Approval of remuneration for auditor
MGMT
 
WITH MANAGEMENT
       
                                 
  115390  
LOCK&LOCK CO LTD
28-Mar-12
       
AGM
 
Vote For All Proposals
    98,863  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Election of director Gim Seong Tae
MGMT
 
WITH MANAGEMENT
       
              3  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
                                 
  114090  
GRAND KOREA LEISURE CO LTD
29-Mar-12
       
AGM
 
Vote For All Proposals
    77,880  
              1  
Approval of financial statement
MGMT
 
WITH MANAGEMENT
       
              2  
Election of director: Na Sang Hun
MGMT
 
WITH MANAGEMENT
       
              3  
Approval of limit of remuneration for directors
MGMT
 
WITH MANAGEMENT
       
              4  
Approval of limit of remuneration for auditors
MGMT
 
WITH MANAGEMENT
       
                                 
  036570  
NCSOFT CORP
29-Mar-12
       
AGM
 
Vote For All Proposals
    13,894  
              1  
Approval of financial statements (Expected
dividend : KRW 600 per share)
MGMT
 
WITH MANAGEMENT
       
              2  
Amendment of articles of Incorporation
MGMT
 
WITH MANAGEMENT
       
              3  
Election of inside director Gim Taek Jin
MGMT
 
WITH MANAGEMENT
       
              4  
Election of outside director Bak Byeong Mu
MGMT
 
WITH MANAGEMENT
       
              5  
Election of audit committee Member Bak Byeong Mu
MGMT
 
WITH MANAGEMENT
       
              6  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
                                 
  055555  
SHINHAN FINANCIAL GRP
29-Mar-12
       
AGM
 
Vote For All Proposals
    82,820  
              1  
Approval of financial statement
MGMT
 
WITH MANAGEMENT
       
              2.1  
Approval of partial amendment to articles of
incorporation: Reflection of amended commercial
law and external rules
MGMT
 
WITH MANAGEMENT
       
              2.2  
Approval of partial amendment to articles of
incorporation: Establishing the committee of
governance structure and recommending of
candidate for chairman
MGMT
 
WITH MANAGEMENT
       
              3.1  
Election of director: Mr. Jin Won Suh (other non executive director)
MGMT
 
WITH MANAGEMENT
       
              3.2  
Election of director: Mr. Ke Sop Yun (outside
director)
MGMT
 
WITH MANAGEMENT
       
              3.3  
Election of director: Mr. Sang-Kyeong Lee
(outside director)
MGMT
 
WITH MANAGEMENT
       
              3.4  
Election of director: Mr. Jung Il Lee (outside
director)
MGMT
 
WITH MANAGEMENT
       
              3.5  
Election of director: Mr. Haruki Hirakawa (outside director)
MGMT
 
WITH MANAGEMENT
       
              3.6  
Election of director: Mr. Philippe Aguignier
(outside director)
MGMT
 
WITH MANAGEMENT
       
              4.1  
Election of audit committee member: Mr. Taeeun Kwon
MGMT
 
WITH MANAGEMENT
       
              4.2  
Election of audit committee member: Mr. Seok
Won Kim
MGMT
 
WITH MANAGEMENT
       
              4.3  
Election of audit committee member: Mr. Ke Sop Yun
MGMT
 
WITH MANAGEMENT
       
              4.4  
Election of audit committee member: Mr. Sang- Kyeong Lee
MGMT
 
WITH MANAGEMENT
       
              5  
Approval of limit of remuneration for directors
MGMT
 
WITH MANAGEMENT
       
                                 
  079160  
CJ CGV CO LTD
30-Mar-12
       
AGM
 
Vote For All except Vote Against 2
    65,730  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Amendment of articles of incorp.
MGMT
 
AGAINST MANAGEMENT
       
              3  
Election of Directors internal candidate: Seo
Jeong, Yoon Kyung Lim, Imm Sang Yeop outside candidate: Gim Guk Jin
MGMT
 
WITH MANAGEMENT
       
              4  
Election of Auditors candidate: Gim Guk Jin
MGMT
 
WITH MANAGEMENT
       
              5  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
                                 
  042660  
DAEWOO SHIPBLDG & MAR
30-Mar-12
       
AGM
 
Vote For All Proposals
    73,220  
              1  
Approve Financial Statements, Appropriation of Income and Dividend of KRW 500 per Share
MGMT
 
WITH MANAGEMENT
       
              2  
Amend Articles of Incorporation
MGMT
 
WITH MANAGEMENT
       
              3.1.1  
Elect Ko Jae-Ho as Inside Director
MGMT
 
WITH MANAGEMENT
       
              3.1.2  
Elect Kim Kab-Joong as Inside Director
MGMT
 
WITH MANAGEMENT
       
              3.1.3  
Elect Park Dong-Hyuk as Inside Director
MGMT
 
WITH MANAGEMENT
       
              3.2  
Elect Kwon Young-Min as Non Independent Non- Executive Director
MGMT
 
WITH MANAGEMENT
       
              3.3.1  
Elect Han Kyung-Taek as Outside Director
MGMT
 
WITH MANAGEMENT
       
              3.3.2  
Elect Yoon Chang-Joong as Outside Director
MGMT
 
WITH MANAGEMENT
       
              4.1  
Elect Han Kyung-Taek as Member of Audit
Committee
MGMT
 
WITH MANAGEMENT
       
              4.2  
Elect Yoon Chang-Joong as Member of Audit
Committee
MGMT
 
WITH MANAGEMENT
       
              5  
Approve Total Remuneration of Inside Directors and Outside Directors
MGMT
 
WITH MANAGEMENT
       
                                 
  041020  
INFRAWARE INC
30-Mar-12
       
AGM
 
Vote For All except Vote Against 6
    42,520  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Election of director Gang Gwan Hui
MGMT
 
WITH MANAGEMENT
       
              3  
Election of auditor Gwak Min Cheol
MGMT
 
WITH MANAGEMENT
       
              4  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
              5  
Approval of remuneration for auditor
MGMT
 
WITH MANAGEMENT
       
              6  
Amendment of articles of incorp.
MGMT
 
AGAINST MANAGEMENT
       
                                 
  034230  
PARADISE CO LTD
30-Mar-12
       
AGM
 
Vote For All Proposals
    282,590  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2.1  
Election of inside director: I Hyeok Byeong
MGMT
 
WITH MANAGEMENT
       
              2.2  
Election of inside director: Choe Jong Hwan
MGMT
 
WITH MANAGEMENT
       
              2.3  
Election of outside director: Choe Yeong Il
MGMT
 
WITH MANAGEMENT
       
              3  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
              4  
Approval of remuneration for auditor
MGMT
 
WITH MANAGEMENT
       
              5  
Amendment of articles of incorporation
MGMT
 
WITH MANAGEMENT
       
                                 
  000810  
SAMSUNG FIRE & MAR INS
05-Jun-12
       
AGM
 
Vote For All Proposals
    10,602  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Amendment of articles of incorp.
MGMT
 
WITH MANAGEMENT
       
              3  
Election of director Mun Hyo Nam, Son Byeon G Jo, Yun Yeong Cheol
MGMT
 
WITH MANAGEMENT
       
              4  
Election of audit committee member Son Byeong Jo , Yun Yeong Cheol
MGMT
 
WITH MANAGEMENT
       
              5  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
                                 
  005830  
DONGBU INS CO LTD
13-Jun-12
       
AGM
 
Vote For All Proposals
    78,480  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Amendment of articles of incorporation
MGMT
 
WITH MANAGEMENT
       
              3  
Election of director Gim Jeong Nam, I Geun
Yeong, Gim Seon Jeong, I Su Hyu
MGMT
 
WITH MANAGEMENT
       
              4  
Election of audit committee member who is an
out side director I Geun Yeong, Gim Seon Jeong
MGMT
 
WITH MANAGEMENT
       
              5  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
                                 
  003690  
KOREAN REINSURANCE CO
13-Jun-12
       
AGM
 
Vote For All except Vote Against 4.2
    162,646  
              1  
Approval of financial statements
MGMT
 
WITH MANAGEMENT
       
              2  
Amendment of articles of incorp.
MGMT
 
WITH MANAGEMENT
       
              3  
Election of director Won Jong Gyu, Choe Yong Su, Ga Jae Hwan, Jang Byeong Gu, Yang Hui San
MGMT
 
WITH MANAGEMENT
       
              4.1  
Election of audit committee member who is an
outside director Ga Jae Hwan
MGMT
 
WITH MANAGEMENT
       
              4.2  
Election of audit committee member who is not an outside director Choe Yong Su
MGMT
 
AGAINST MANAGEMENT
       
              5  
Approval of remuneration for director
MGMT
 
WITH MANAGEMENT
       
                                 
 
 
 

 
 
 

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.

Korea Equity Fund, Inc.


By:       /s/ Masashi Terachi              
                 Masashi Terachi, President
                 (Principal Executive Officer)
 

 
Date:   August 22, 2012


 
 
 
 
 

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