[DISCLOSURE]
Kakao (035720) reported on July 13 that its chairman Kim Beom-su donated his 10,000 shares to Ashoka Foundation’s Korean branch. As a result, his stake has decreased to 18.61 percent.
Kim has vowed to donate an additional 20,000 shares by 2018 to support the foundation dedicated to social innovation for its project to develop educational innovators in Korea.
