To Revitalize KOSDAQ… "Lower Listing Burdens and Refine Delisting Criteria"
8 Articles
8 Articles
Even KOSDAQ-listed companies that meet delisting criteria due to low market capitalization will not be delisted but will be transferred to KONEX if they meet certain financial requirements. On the 4th, the government announced supplementary measures for delisting reform containing these details at a market situation review meeting attended by the Ministry of Finance and Economy, the Financial Services Commission, and others. KOSDAQ market capita…
(Sejong/Seoul = Yonhap News) Reporters Lee Se-won and Kang Su-ryeon = To mitigate the impact of the liquidation process for distressed companies, companies meeting certain requirements may transfer their listing to KONEX without liquidation trading...
As the government and the Korea Exchange tightened delisting requirements to expedite the removal of failing companies, and with listed firms facing mass delisting risks due to the recent deterioration of KOSDAQ market conditions, the government has stepped in to make partial adjustments to the system. First, it has decided to allow companies meeting certain requirements to transfer their listings to KONEX. Additionally, the further upward adjus…
The government is postponing the tightening of market capitalization criteria for delisting on the KOSPI and KOSDAQ by six months. Companies facing delisting due to insufficient market capitalization will be transferred to the KONEX market without separate liquidation trading, maintaining their existing share prices, provided they meet certain financial requirements. Deputy Prime Minister and Minister of Finance and Economy Koo Yun-chul held a m…
[Digital Daily Reporter Kim Nam-gyu] The government has decided to postpone by six months the raising of the market capitalization threshold for KOSDAQ delisting, which was scheduled to take effect next January. It is also introducing a measure that allows companies facing delisting due to insufficient market capitalization to transfer their listing to KONEX without liquidation trading if they meet certain financial requirements. This is a parti…
The government has decided to allow KOSDAQ companies facing delisting to transfer their listings to the KONEX market without liquidation trading if they meet certain financial requirements. It will also postpone for six months the measure to further raise the market capitalization threshold for delisting on the KOSDAQ and KOSPI, which was scheduled for January next year. On the 4th, Deputy Prime Minister and Minister of Finance and Economy Koo …
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