The Financial Supervisory Service (FSS) in Korea has increased the Foreign Ownership Limit (FOL) for broadcasting company stocks from 33% to 49%, following the revision of the Broadcasting Act. It is not clear when the higher limit will become effective.
Korea Raises Foreign Ownership Limit On Broadcasting Companies
The Financial Supervisory Service (FSS) in Korea has increased the Foreign Ownership Limit (FOL) for broadcasting company stocks from 33% to 49%, following the revision of the Broadcasting Act. It is not clear when the higher limit will become effective.
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