South Korean opposition leader Lee Jae-myung is projected to be the new president following a snap election on Tuesday, according to an exit poll by Korean broadcasters, in a vote held exactly six months after the country’s previous leader declared martial law and plunged the nation into chaos.

Both Lee and conservative Kim pledged change for a country deeply scarred by a shock martial law briefly imposed by former leader Yoon Suk Yeol.

SEOUL (Reuters) -South Korea's conservative presidential candidate Kim Moon-soo conceded defeat early on Wednesday in the June 3 snap election. Kim told a press conference that he had congratulated his opponent, liberal candidate Lee Jae-myung, on his election victory.