Vice Chair Kim So-young Steps Up as Ambassador for 'Corporate Value-Up' Promotion

Visiting Singapore and Thailand for K-Finance Sales

Kim So-young, Vice Chairman of the Financial Services Commission, served as an ambassador promoting the Korean government's 'Corporate Value-Up' policy at an IR event attended by major Asian institutional investors held at the Fullerton Hotel in Singapore on the 27th, the Financial Services Commission announced.

At the IR event hosted by Goldman Sachs, Vice Chairman Kim introduced the government's direction for advancing the capital market, and provided detailed explanations on the corporate value-up support measures that have recently attracted significant interest from domestic and foreign investors. Approximately 20 major sovereign wealth funds and asset management firms, including GIC, Temasek, Morgan Stanley Asset Management, UBS Asset Management, and Fidelity, attended the event.

Vice Chairman Kim emphasized, "For companies to be properly evaluated and grow in the capital market, and for investors to enjoy and reinvest the fruits together, it is necessary not only for the government to make efforts but also for companies themselves to strive to enhance their corporate value."

He also explained the details of the value-up policy to the participants, stating, "The corporate value-up support measures are initiatives to support companies' own efforts to enhance corporate value, and will be steadily pursued with a long-term perspective."

Furthermore, Vice Chairman Kim said, "Capital market institutional improvements are consistent and ongoing major policy tasks for the mutual growth of companies and investors," and added, "We expect active interest and investment from foreign investors in the Korean capital market."

The Financial Services Commission plans to actively explain the government's capital market institutional improvement directions at the overseas investor conference hosted by Morgan Stanley on the 28th, following this IR event in Singapore.