N-PX 1 efc17-432_npx.htm
 
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)
 
 
Worldwide Plaza, 19th Floor,
309 West 49th Street,
New York, NY
 10019
 
 (Address of principal executive offices) 
  (Zip code)
 
 Mr. Yutaka Itabashi
 Worldwide Plaza
19th Floor
309 West 49th Street 
 New York, NY 10019
 (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, 2016 – June 30, 2017
 
 

PROXY VOTING REPORT
FOR THE PERIOD JULY 1, 2016 TO JUNE 30, 2017
KOREA EQUITY FUND
 
Company Name
Security ID
Meeting Date
Proposal
Proposed By
Vote
With/Against Management
Voted Shares
               
HYUNDAI MOBIS, SEOUL
6449544
07-Jul-2016
ELECTION OF INTERNAL DIRECTOR (CANDIDATE: YEONG DEUK LIM)
MGMT
FOR
WITH MANAGEMENT
     16,934
               
COWAY CO.LTD.
6173401
12-Sep-2016
ELECTION OF INSIDE DIRECTOR CANDIDATE: YUN JONG HA
MGMT
FOR
WITH MANAGEMENT
     52,887
     
ELECTION OF A NON-PERMANENT DIRECTOR CANDIDATE: GIM GWANG IL
MGMT
FOR
WITH MANAGEMENT
 
               
GRAND KOREA LEISURE CO LTD, SEOUL
B4347P0
29-Sep-2016
ELECTION OF DIRECTOR: YUN NAM SUN
MGMT
FOR
WITH MANAGEMENT
     21,000
               
KOREA ELECTRIC POWER CORP, NAJU
6495730
24-Oct-2016
ELECTION OF NON-PERMANENT AUDIT COMMITTEE MEMBER (CANDIDATE: GIM JU SEON)
MGMT
FOR
WITH MANAGEMENT
     61,145
     
AMENDMENT OF ARTICLES OF INCORPORATION
MGMT
FOR
WITH MANAGEMENT
 
               
SAMSUNG ELECTRONICS CO LTD, SUWON
6771720
27-Oct-2016
APPROVAL OF PHYSICAL DIVISION
MGMT
FOR
WITH MANAGEMENT
       7,919
     
ELECTION OF INTERNAL DIRECTOR (CANDIDATE: JAEYONG LEE)
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF SPIN OFF
MGMT
FOR
WITH MANAGEMENT
 
               
LG CHEM LTD, SEOUL
6346913
31-Oct-2016
AMENDMENT OF ARTICLES OF INCORPORATION
MGMT
FOR
WITH MANAGEMENT
       2,091
               
COWAY CO.LTD.
6173401
31-Oct-2016
ELECTION OF INTERNAL DIRECTOR (CANDIDATE: HAESUN LEE)
MGMT
FOR
WITH MANAGEMENT
     62,598
     
ENDOWMENT OF STOCK PURCHASE OPTION FOR INTERNAL DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
               
KOREA ELECTRIC POWER CORP, NAJU
6495730
10-Jan-2017
ELECTION OF EXECUTIVE DIRECTOR CANDIDATES: MUN BONG SU
MGMT
FOR
WITH MANAGEMENT
     79,304
               
POSCO, POHANG
6693233
10-Mar-2017
APPROVAL OF FINANCIAL STATEMENT
MGMT
FOR
WITH MANAGEMENT
       5,994
     
ELECTION OF OUTSIDE DIRECTOR CANDIDATE: GIM SIN BAE
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR CANDIDATE: JANG SEUNG HWA
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR CANDIDATE: JEONG MUN GI
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER CANDIDATE: JANG SEUNG HWA
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER CANDIDATE: JEONG MUN GI
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR CANDIDATE: GWON O JUN
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR CANDIDATE: O IN HWAN
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR CANDIDATE: CHOI JEONG WU
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR CANDIDATE: JANG IN HWA
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR CANDIDATE: YU SEONG
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
               
HYUNDAI GLOVIS CO LTD, SEOUL
B0V3XR5
17-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
       9,314
     
AMENDMENT OF ARTICLES OF INCORPORATION
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTORS: GIM JUN GYU, IM CHANG GYU
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBERS: GIM JUN GYU, IM CHANG GYU
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
               
HANSAE CO LTD, SEOUL
B3KT2S9
17-Mar-2017
APPROVAL OF FINANCIAL STATEMENT
MGMT
FOR
WITH MANAGEMENT
     41,379
     
ELECTION OF OUTSIDE DIRECTOR: KIM JOONG JAE
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER: KIM JOONG JAE
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF LIMIT OF REMUNERATION FOR DIRECTORS
MGMT
FOR
WITH MANAGEMENT
 
               
HYUNDAI MOBIS, SEOUL
6449544
17-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
     17,134
     
ELECTION OF DIRECTORS: JEONG UI SEON, I TAE UN, I BYEONG JU
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBERS: I TAE UN, I BYEONG JU
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
               
HYUNDAI ENGINEERING AND CONSTRUCTION CO LTD, SEOUL
6450988
17-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
     18,427
     
AMENDMENT OF ARTICLES OF INCORP
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR SIN HYEON YUN, SEO CHI HO
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER SIN HYEON YUN, SEO CHI HO
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 

PROXY VOTING REPORT
FOR THE PERIOD JULY 1, 2016 TO JUNE 30, 2017
KOREA EQUITY FUND
 
Company Name
Security ID
Meeting Date
Proposal
Proposed By
Vote
With/Against Management
Voted Shares
               
DONGBU INSURANCE CO LTD, SEOUL
6155937
17-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
     85,960
     
AMENDMENT OF ARTICLES OF INCORP
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF DIRECTORS: GIM YEONG MAN, I SEUNG U, GIM SEONG GUK
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR WHO WILL BE AN AUDIT COMMITTEE MEMBER: BAK SANG YONG
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBERS WHO ARE OUTSIDE DIRECTORS: GIM SEONG GUK, I SEUNGU
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
               
YOUNGONE CORP, SEOUL
B622C10
17-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
     85,975
     
ELECTION OF DIRECTOR I YEONG HOE, I HEUNG NAM, YUN JE CHEOL
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER YUN JE CHEOL
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
               
KT&G CORPORATION, TAEJON
6175076
17-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
     24,178
     
ELECTION OF OUTSIDE DIRECTOR: SONG EOB GYO
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR: LEE JOON GYU
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR: NOH JOON HWA
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER: LEE JOON GYU
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER: NOH JOON HWA
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF LIMIT OF REMUNERATION FOR DIRECTORS
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF AMENDMENT TO RETIREMENT BENEFIT PLAN FOR DIRECTORS
MGMT
FOR
WITH MANAGEMENT
 
               
HANA FINANCIAL GROUP INC, SEOUL
B0RNRF5
17-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
     75,144
     
ELECTION OF OUTSIDE DIRECTOR: YUN JONG NAM
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR: BAK MUN GYU
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR: SONG GI JIN
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR: GIM IN BAE
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR: YUN SEONG BOK
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR: CHA EUN YEONG
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR: GIM BYEONG HO
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR: HAM YEONG JU
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR WHO IS AN AUDIT COMMITTEE MEMBER: YANG WON GEUN
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR: YUN JONG NAM
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR: BAK MUN GYU
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR: YUN SEONG BOK
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
               
GS RETAIL CO LTD, SEOUL
B7F9Q79
17-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
       8,430
     
ELECTION OF INSIDE DIRECTOR HEO YEON SU
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR SIN DONG GYU
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR IM CHUN SEONG
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR CHOE HYO SEONG
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER SHIN DONG GYU
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER IM CHUN SEONG
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER CHOE HYO SEONG
MGMT
FOR
WITH MANAGEMENT
 
     
AMENDMENT OF ARTICLES OF INCORP
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
               
KOREA ELECTRIC POWER CORP, NAJU
6495730
21-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
     79,304
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF REPRESENTATIVE DIRECTOR: JO HWAN IK
MGMT
FOR
WITH MANAGEMENT
 
               
SHINHAN FINANCIAL GROUP CO LTD, SEOUL
6397502
23-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
   102,868
     
AMENDMENT OF ARTICLES OF INCORPORATION
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR JO YONG BYEONG
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF A NON-PERMANENT DIRECTOR WI SEONG HO
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR BAK AN SUN
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR BAK CHEOL
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR I SANG GYEONG
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR JU JAE SEONG
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR HIRAKAWA YUKI
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR PHILIPPE AVRIL
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR I MAN U
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER I SANG GYEONG
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER I SEONG RYANG
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
               
INTEROJO CO LTD, PYEONGTAEK
B42MSJ6
23-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
     76,249
     
AMENDMENT OF ARTICLES OF INCORP
MGMT
AGAINST
AGAINST MANAGEMENT
 
     
ELECTION OF PERMANENT AUDITOR JEONG HAN GI
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR AUDITOR
MGMT
AGAINST
AGAINST MANAGEMENT
 
     
APPROVAL OF GRANT OF STOCK OPTION
MGMT
FOR
WITH MANAGEMENT
 
               
JUSUNG ENGINEERING CO LTD, KWANGJU
6201788
24-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
     46,600
     
ELECTION OF INSIDE DIRECTOR GANG JONG GEUN
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR GWON GI CHEONG
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
AGAINST
AGAINST MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR AUDITOR
MGMT
FOR
WITH MANAGEMENT
 
               

PROXY VOTING REPORT
FOR THE PERIOD JULY 1, 2016 TO JUNE 30, 2017
KOREA EQUITY FUND
 
Company Name
Security ID
Meeting Date
Proposal
Proposed By
Vote
With/Against Management
Voted Shares
               
HALLA HOLDINGS CORP
B3XF336
24-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
     18,381
     
AMENDMENT OF ARTICLES OF INCORP
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF DIRECTORS JEONG MONG WON, IM GI YEONG, CHOE GYEONG SIK, CHOE WAN SU
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR CHOE GYEONG SIK, CHOE WAN SU
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
AGAINST
AGAINST MANAGEMENT
 
               
MANDO CORP, PYEONGTAEK
BQJZQJ8
24-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
       9,037
     
ELECTION OF DIRECTORS: JEONG MONG WON, SEONG IL MO, GIM YEONG SU, I JONG HWI, GIM DAE SIK, JU WAN, HONG SEONG PIL, GIM HAN CHEOL
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBERS: I JONG HWI, GIM DAE SIK, JU WAN, GIM HAN CHEOL
MGMT
AGAINST
AGAINST MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
               
NCSOFT CORP, SEOUL
6264189
24-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
     17,006
     
AMENDMENT OF ARTICLES OF INCORP
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR JEONG JIN SU
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR JO GUK HYEON
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
     
AMENDMENT OF ARTICLES ON RETIREMENT ALLOWANCE FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
               
SK HYNIX INC, ICHON
6450267
24-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
   188,901
     
AMENDMENT OF ARTICLES OF INCORP
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR: I SEOK HUI
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF A NON-PERMANENT DIRECTOR: BAK JEONG HO
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR: CHOE JONG WON
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR: SIN CHANG HWAN
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR WHO IS AN AUDIT COMMITTEE MEMBER: CHOE JONG WON
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR WHO IS AN AUDIT COMMITTEE MEMBER: SIN CHANG HWAN
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF GRANT OF STOCK OPTION
MGMT
FOR
WITH MANAGEMENT
 
               
HWASEUNG ENTERPRISE CO., LTD.
BZCMZG9
24-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
     79,203
     
AMENDMENT OF ARTICLES OF INCORP
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
               
WONIK MATERIALS CO LTD, CHEONGWON
B78CP12
24-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
     14,968
     
AMENDMENT OF ARTICLES OF INCORP
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR I MUN YONG
MGMT
AGAINST
AGAINST MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR GIM DONG U
MGMT
AGAINST
AGAINST MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR AUDITOR
MGMT
FOR
WITH MANAGEMENT
 
               
KOREA ZINC CO LTD, SEOUL
6495428
24-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
       8,346
     
ELECTION OF DIRECTOR CHOE CHANG GEUN
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF DIRECTOR I JE JUNG
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF DIRECTOR I CHAE PIL
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF DIRECTOR HAN CHEOL SU
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER LEE JIN KANG
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER HAN CHEOL SU
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
               
SK CHEMICALS CO LTD, SEONGNAM
6859916
24-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
       6,000
     
ELECTION OF INSIDE DIRECTOR: GIM CHEOL
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR: BAK MAN HUN
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR: CHOE JEONG HWAN
MGMT
AGAINST
AGAINST MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR: O YEONG HO
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER: CHOE JEONG HWAN
MGMT
AGAINST
AGAINST MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
     
CHANGE OF TERMS
MGMT
FOR
WITH MANAGEMENT
 
     
CHANGE OF BOARD CHAIRMAN
MGMT
FOR
WITH MANAGEMENT
 
               
CJ KOREA EXPRESS CORP, SEOUL
6497112
24-Mar-2017
APPROVAL OF FINANCIAL STATEMENT
MGMT
FOR
WITH MANAGEMENT
       4,500
     
AMENDMENT OF ARTICLES OF INCORPORATION
MGMT
AGAINST
AGAINST MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
               
KOREA AUTOGLASS CORP, SEJONG
BDJ0FT5
24-Mar-2017
AMENDMENT OF ARTICLES OF INCORPORATION
MGMT
FOR
WITH MANAGEMENT
     21,480
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
AGAINST
AGAINST MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR AUDITOR
MGMT
FOR
WITH MANAGEMENT
 
               
INNOCEAN WORLDWIDE INC., SEOUL
BYX20P5
24-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
     29,808
     
ELECTION OF INSIDE DIRECTOR: JEONG SEONG I
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR: YUN SEOK HUN
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR: GIM JIN U
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR: I JAE HONG
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER: LEE JAE HONG
MGMT
FOR
WITH MANAGEMENT
 
     
AMENDMENT OF ARTICLES OF INCORPORATION
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
               
SK MATERIALS CO., LTD., YONGJU
6199571
24-Mar-2017
APPROVAL OF FINANCIAL STATEMENT
MGMT
FOR
WITH MANAGEMENT
       9,691
     
APPROVAL OF CONSOLIDATED FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
 
     
AMENDMENT OF ARTICLES OF INCORPORATION
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR CANDIDATE: IM MIN GYU
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF NON-PERMANENT DIRECTOR CANDIDATE: JANG DONG HYEON
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
AGAINST
AGAINST MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR AUDITOR
MGMT
FOR
WITH MANAGEMENT
 
     
AMENDMENT OF ARTICLES ON RETIREMENT ALLOWANCE FOR BOARD MEMBERS
MGMT
FOR
WITH MANAGEMENT
 
 
 


PROXY VOTING REPORT
FOR THE PERIOD JULY 1, 2016 TO JUNE 30, 2017
KOREA EQUITY FUND
 
Company Name
Security ID
Meeting Date
Proposal
Proposed By
Vote
With/Against Management
Voted Shares
               
KB FINANCIAL GROUP INC.
B3DF0Y6
24-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
     30,925
     
AMENDMENT OF ARTICLES OF INCORP
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF A NON-PERMANENT DIRECTOR I HONG
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR CHOE YEONG HWI
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR YU SEOK RYEOL
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR I BYEONG NAM
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR BAK JAE HA
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR GIM YU NI SEU GYEONG HUI
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR STUART B SOLOMON
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR WHO IS AN AUDIT COMMITTEE MEMBER HAN JONG SU
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR YU SEOK RYEOL
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR BAK JAE HA
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER WHO IS AN OUTSIDE DIRECTOR GIM YU NI SEU GYEONG HUI
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
               
SAMSUNG LIFE INSURANCE CO LTD, SEOUL
B12C0T9
24-Mar-2017
APPROVAL OF FINANCIAL STATEMENT
MGMT
FOR
WITH MANAGEMENT
     30,565
     
APPROVAL OF PARTIAL AMENDMENT TO ARTICLES OF INCORPORATION
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR: KIM CHANG SOO
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR: CHOI SIN HYEONG
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER AS OUTSIDE DIRECTOR: YOON YONG RO
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER AS OUTSIDE DIRECTOR: HEO GYEONG UK
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER AS OUTSIDE DIRECTOR: GIM DU CHEOL
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF LIMIT OF REMUNERATION FOR DIRECTORS
MGMT
FOR
WITH MANAGEMENT
 
               
SAMSUNG ELECTRONICS CO LTD, SUWON
6771720
24-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
       7,919
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
               
I-SENS, INC., SEOUL
B94K2F7
24-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
     24,862
     
ELECTION OF OUTSIDE DIRECTOR SONG YEONG CHUL
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF PERMANENT AUDITOR KENNETH STEVEN PARK (BAK GYEONG SEONG)
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR AUDITOR
MGMT
FOR
WITH MANAGEMENT
 
     
GRANT OF STOCK OPTION
MGMT
FOR
WITH MANAGEMENT
 
               
COWAY CO.LTD.
6173401
28-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
     66,685
     
GRANT OF STOCK OPTION
MGMT
FOR
WITH MANAGEMENT
 
     
AMENDMENT OF ARTICLES OF INCORP
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF INSIDE DIRECTOR YUN JONG HA
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF A NON-PERMANENT DIRECTOR BU JAE HUN
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF A NON-PERMANENT DIRECTOR GIM GWANG IL
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF A NON-PERMANENT DIRECTOR BAK TAE HYEON
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF A NON-PERMANENT DIRECTOR CHOE YEON SEOK
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR I JUNG SIK
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR I JUN HO
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR AUDITOR
MGMT
FOR
WITH MANAGEMENT
 
               
DOOSAN BOBCAT INC
BYX9GP8
31-Mar-2017
APPROVAL OF FINANCIAL STATEMENTS
MGMT
FOR
WITH MANAGEMENT
     15,545
     
ELECTION OF INSIDE DIRECTOR SCOTT SEONG CHEOL BAK, GIM JONG SEON
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF OUTSIDE DIRECTOR GIM HOE SEON
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER GIM HOE SEON
MGMT
FOR
WITH MANAGEMENT
 
     
APPROVAL OF REMUNERATION FOR DIRECTOR
MGMT
AGAINST
AGAINST MANAGEMENT
 
               
MANDO CORP, PYEONGTAEK
BQJZQJ8
01-Jun-2017
ELECTION OF OUTSIDE DIRECTOR: GIM HYEON SU
MGMT
FOR
WITH MANAGEMENT
     14,479
     
ELECTION OF OUTSIDE DIRECTOR: GIM GYEONG SU
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER: GIM HAN CHEOL
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER: GIM HYEON SU
MGMT
FOR
WITH MANAGEMENT
 
     
ELECTION OF AUDIT COMMITTEE MEMBER: GIM GYEONG SU
MGMT
FOR
WITH MANAGEMENT
 
 
 

 
 
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/ Yutaka Itabashi
 
 
Name: Yutaka Itabashi    
President, Principal Executive Officer    
       
Date: August 23, 2017