K-OTC Market, New Designations Including Gyeongnam Companies and Uyang HC... Total 131 Companies
Trading Starts from the 8th... Available via Securities Firms' HTS and More
[Asia Economy Reporter Kum Boryeong] Gyeongnam Enterprise, C&S Asset Management, and Wuyang HC are newly entering the K-OTC market.
The Korea Financial Investment Association announced on the 4th that Gyeongnam Enterprise, C&S Asset Management, and Wuyang HC will be newly designated in the K-OTC market. Trading will begin on the 8th.
The newly designated companies this time are those that met the K-OTC market designation requirements among corporations required to submit business reports last year. Through this, the total number of corporations in the K-OTC market has reached 131.
Gyeongnam Enterprise, C&S Asset Management, and Wuyang HC operate in various industries such as construction and civil engineering, building (facility) management service and BTL (Build-Transfer-Lease) projects, and plant equipment design, manufacturing, and supply. The average sales revenue of these companies is 171.5 billion KRW, and the average capital is 24.2 billion KRW.
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The newly designated companies can be traded through securities firms' Home Trading Systems (HTS) starting from the 8th. On the first trading day, trading is only allowed within the range of 30% to 500% of the net asset value per share. Afterward, the price limit range will be ±30% of the previous day's weighted average price.
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