- South Korea: new rules for helping to protect national companies from foreign take-over bids have just been introduced. Sources in Seoul explained that these rules would mean that investors having a 5% stake or more in a company will not have the right to exercise their voting rights or have bigger stakes for five days if they publicly disclose their intention to have a voice in the management of the company. The same sources explained that a company threatened by a take-over could sell securities or debt or an effort to tackle the company attempting the take-over. If a foreign firm launches a take-over bid for 5% or more in a company, the latter would also have the right to issue convertible debenture loans or other securities.