Kamco Corporate Restructuring Support Center, Capital Market Investor Recruitment
[Asia Economy Reporter Kwon Haeyoung] Korea Asset Management Corporation (KAMCO) announced on the 14th that it is recruiting capital market investors to participate in the revitalization of corporate restructuring until the 26th at the Corporate Restructuring Innovation Support Center, which is operated to support the business normalization of small and medium-sized and rehabilitation companies.
The selected capital market investors can directly invest in competitive small and medium-sized and rehabilitation companies based on the corporate information registered at the Corporate Restructuring Innovation Support Center, or participate as limited partners (LP) in corporate support funds jointly with KAMCO.
After the recruitment deadline on the 26th, KAMCO will select capital market investors through an appropriateness review including eligibility and disqualification criteria, and individually notify the results on June 4th.
Kim Jang-kwon, Head of Corporate Support Division at KAMCO, stated, “Using information on rehabilitation companies provided by the center can reduce the cost of discovering and verifying target companies,” and added, “We will support liquidity supply and business normalization of small and medium-sized and rehabilitation companies together with capital market investors, and revitalize restructuring centered on the capital market.”
Hot Picks Today
"South Korea Shows Similar Trend to Developed Nations"...Obesity Analysis of 232 Million People Worldwide [Reading Science]
- "Invested 95% in Hynix and Reached 10 Billion Won"... Japanese Investor's Proof Post Goes Viral
- "Let's Enjoy It Before It Sells Out Again" 'Cup Bingsu' Sells 1 Million Cups in Just 2 Weeks
- "You Don't Need to Go to the Gym": The Best Exercises for Lowering Hypertension
- "My Wife Is Missing"... Woman in Her 50s Still Unaccounted for Nearly a Month After Climbing Bukhansan Mountain
Meanwhile, as of the end of April, the Corporate Restructuring Innovation Support Center has registered 20 capital market investors and 598 investment target companies. For companies undergoing structural improvement, it provides customized business normalization support programs including ▲support for attracting private investment for 6 companies ▲support for business normalization through participation as LP in corporate support funds for 4 cases ▲support for asset purchase and lease programs for 24 companies ▲and DIP financing support for 5 companies.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.