Goblin House
Goblin House
Question: Investigate Hanmi Semiconductor: Search other for "Korea Foreign Investment Promotion Act Article 5 notification requirements threshold amounts 2018". Would establish the specific monetary thresholds that would have triggered mandatory notification for reductions in the 75 billion won position. Report any findings as factual claims with dates and evidence.
Date: 2026-04-08
My research established the specific notification thresholds under Korea's Foreign Investment Promotion Act Article 5 that were in effect in 2018. The dual threshold system required both: (1) an investment amount of at least KRW 100 million, and (2) ownership of at least 10% of voting shares. These thresholds would have triggered mandatory notification requirements for any reduction in a 75 billion won foreign investment position in Hanmi Semiconductor. Under Article 21(3) of the Act, foreign investors must report when their equity holdings are reduced due to stock transfers to third parties or capital reductions. Importantly, once a company achieved foreign-invested status, that designation remained even if holdings later fell below the initial thresholds. The research did not uncover any specific higher monetary thresholds that would have applied to a 75 billion won position - the standard KRW 100 million minimum would have applied, meaning any reduction bringing the foreign investment below this level would require notification to MOTIE or KOTRA within prescribed timeframes.