Miro, Ajin Kaintech, and Zalman Tech to Start Trading on KOTC Market from 21st

[Asia Economy Reporter Minji Lee] The Korea Financial Investment Association announced on the 17th that three companies?Miro, Ajin Kinetics, and Zalman Tech?will be traded on the K-OTC market starting from the 21st.

This new designation targets corporations required to submit their 2020 business reports that meet the K-OTC market listing criteria, bringing the total number of corporations eligible for trading on the market to 136.

Miro operates in the manufacturing of home appliances and electronic components. Ajin Kinetics and Zalman Tech are engaged in manufacturing automotive body parts and computer products and goods, respectively. The average sales revenue of these companies is 39.1 billion KRW, and the average capital is 5.9 billion KRW.

With the recent notable growth of the over-the-counter market, interest from investors and unlisted companies in the K-OTC market is increasing, along with inquiries about new entries. Going forward, various marketing activities will be conducted to discover promising unlisted companies and expand the number of trading companies in the K-OTC market.

The newly listed companies will be tradable through securities firms' HTS starting from the 21st, and on the first trading day, transactions will be possible within a range of 30% to 500% of the net asset value per share. Subsequently, the price limit will be ±30% of the previous day's weighted average price.

This content was produced with the assistance of AI translation services.