The Korea Exchange announced on the 27th that it has selected and awarded the 2024 Excellent Disclosure Corporations and Excellent Disclosure Committee Members in the KOSPI market.
Based on last year's disclosure performance, the Korea Exchange conducted a first quantitative evaluation and a second qualitative evaluation to select 8 excellent disclosure corporations and 3 excellent English disclosure corporations. Additionally, it comprehensively evaluated participation in disclosure system improvements and suggestions to select one excellent member of the Disclosure System Improvement Working Committee.
On the 27th, at the Korea Exchange Seoul Headquarters PR Center, Yang Tae-young, Head of the Korea Exchange Stock Market Division (fourth from the left in the front row), and the recipients of the 2024 Stock Market Disclosure Excellence Corporation and Disclosure Excellence Committee Awards are taking a commemorative photo. Photo by Korea Exchange
The excellent disclosure corporations include JB Financial Group, LG Nex1, POSCO Holdings, SK Innovation, Celltrion, Shinsegae, Korea Kolmar, and Hyundai Motor Company. The excellent English disclosure corporations selected were LX International, Samsung C&T, and Hyundai Rotem. The excellent disclosure committee member is Kim Chan-gi, team leader in charge of disclosures at BGF.
The awardees will be exempt from annual fees and listing fees for one year, and the designation as a non-compliant disclosure corporation will be deferred once within five years. They also receive exemption from annual education requirements.
Yang Tae-young, head of the KOSPI Market Division, expressed gratitude for the efforts of listed companies that diligently fulfilled their disclosure obligations despite last year's challenging business environment, and urged them to strive to resolve the Korea discount through active communication with investors based on value-up programs and English disclosures.
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