Exchange Holds KOSPI Mid-sized Companies Meeting for Corporate Value Enhancement

"Value-Up Program Should Serve as a Communication Platform Between Shareholders and Investors"

The Korea Exchange announced on the 26th that it held a KOSPI mid-sized companies meeting for corporate value-up.

Korea Exchange, Yeouido, Seoul. Photo by Jinhyung Kang aymsdream@

The meeting was organized to listen to the opinions of financial executives from 10 companies including ▲Orion ▲Yuhan Corporation ▲Contentree Joongang ▲Kolmar Holdings ▲Hyundai Elevator ▲AK Holdings ▲DB HiTek ▲DL E&C ▲HL Mando ▲LG Household & Health Care, and to encourage active participation.

Jung Eun-bo, Chairman of the Korea Exchange, stated, "We hope that efforts to enhance corporate value will serve as an opportunity to strengthen the competitiveness of mid-sized companies," adding, "We propose the establishment and implementation of plans based on a 'selection and concentration' approach that considers the individual characteristics of companies, and hope that the corporate value-up program becomes a platform for communication with shareholders and investors."

A corporate representative who attended the meeting said, "We are internally reviewing plans to enhance corporate value," and added, "We hope that the value-up participation atmosphere is fostered and that the companies' efforts are properly evaluated in the market."

An exchange official stated, "Following this KOSPI mid-sized companies meeting, we plan to hold a meeting for KOSDAQ global companies next month," and added, "We also plan to continue education for disclosure officers and staff in connection with mandatory disclosure training in the future."