[Asia Economy Reporter Kwon Jae-hee] The Korea Exchange announced on the 29th that the number of listed companies in the KOSDAQ market classified under the Prime Market and Venture Market increased by 71 companies following the regular review of market segments and investment caution designations for 1,554 listed companies.
The Exchange designated companies in the order of Prime Market, Venture Market, and Mid-sized Enterprise Market by evaluating whether they met certain financial criteria such as market capitalization and sales, or held certifications such as Venture or Inno-Biz.
The current designation status is 442 companies in the Prime Market, 320 in the Venture Market, 456 in the Mid-sized Enterprise Market, and 153 in the Technology Growth Market.
Following this review, the number of companies listed in the Prime Market increased by 35. A total of 71 companies were newly designated due to improved financial performance and market soundness of companies previously listed in the Technology Growth, Venture, and Mid-sized Enterprise Markets.
The number of companies in the Venture Market also increased by 36 due to a rise in companies holding venture certification.
Additionally, the Exchange announced that two companies, F&Republic and Kolon TissueGene, were removed from the investment caution list as their reasons for regular designation were resolved.
However, three companies?BDI, Cosnine, and City Labs?remain on the investment caution list due to ongoing reasons for special designation.
DYD, already designated as an investment caution company, had an additional regular designation reason added due to an adverse opinion on its internal accounting control system.
No new companies were designated as investment caution companies through this regular review.
Meanwhile, the investment caution designation system is intended to inform general investors in advance about companies requiring caution in investment by designating stocks that meet certain criteria as investment caution stocks, divided into regular and special designations.
As of May 2, the total number of companies designated as investment caution stocks following this regular designation is 60.
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