Hanil Holdings Selected as 'Outstanding Disclosure Company in the KOSPI Market' by Korea Exchange
[Asia Economy Reporter Kim Daeseop] Hanil Holdings announced on the 9th that it was selected as an 'Excellent Disclosure Company in the 2019 KOSPI Market' by the Korea Exchange.
This selection reflected Hanil Holdings' efforts in establishing disclosure-related regulations, building an integrated management infrastructure for disclosure information through an electronic approval system, and protecting shareholders and investors by verifying disclosure content.
The Excellent Disclosure Company is selected annually by the Korea Exchange through a comprehensive evaluation of quantitative assessments such as the number of voluntary and fair disclosures, and qualitative assessments including disclosure infrastructure, holding investor relations (IR) meetings, and governance disclosures.
Hanil Holdings was launched when Hanil Cement transitioned to a holding company system in July 2018. It operates various businesses including construction materials (Hanil Cement, Hanil Hyundai Cement, Hanil Industry, Hanil Construction Materials), IT network (Hanil Networks), leisure (Seoulland, Haneul Farm), and trading (Hanil International).
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A Hanil Holdings official stated, "This selection as an Excellent Disclosure Company is the result of our best efforts to enhance management transparency and protect shareholders, creditors, and investors by expanding voluntary disclosures since transitioning to a holding company system in 2018. We will continue to strive to maintain accurate and transparent disclosure standards."
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