The Korea Exchange held a meeting on the 15th for companies included in the 'Korea Value-Up Index'.
The event, attended by 10 listed companies including Samsung Electronics, was organized following the index's all-time high of 1,758.31 on November 3. The participating companies stated that they are actively pursuing shareholder returns and profitability improvements to enhance corporate value, and are also actively considering value-up disclosures.
On the 15th, before the 'Korea Value-Up Index Inclusion Companies Meeting' held at the Korea Exchange in Yeouido, Jung Eunbo, Chairman of the Korea Exchange, delivered a greeting. Korea Exchange
However, some companies reported that they are currently conducting internal reviews on the impact of institutional changes, such as amendments to the Commercial Act, on corporate management. They plan to further specify their corporate value enhancement plans after finalizing their year-end financial results.
The Korea Exchange announced that, starting from the regular review in June next year, the index will be composed mainly of companies that implement value enhancement disclosure, in line with its phased index composition plan centered on value-up disclosure companies. As of December 14, 65 out of the 100 companies included in the Korea Value-Up Index have already completed their disclosures.
Jung Eunbo, Chairman of the Korea Exchange, emphasized, "Since the announcement of the Value-Up Index last year, the total net asset value (AUM) of 13 exchange-traded products (ETPs) surpassed 1 trillion won as of the end of November this year. The proportion of foreign investor trading volume has also significantly increased from 7.8% at launch to 24.8%, reflecting strong interest from the market and investors."
Chairman Jung added, "Value-up disclosure is a channel that mitigates information asymmetry and enables systematic and effective communication with shareholders. I hope you will take the lead in participating in value-up disclosures to meet market expectations."
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