Exchange Supports Consulting for Establishing Disclosure System Targeting KONEX Listed Companies
[Asia Economy Reporter Gong Byung-sun] The Korea Exchange announced on the 29th that it will provide consulting support to small and medium-sized enterprises listed on KONEX to establish a disclosure system.
This consulting will be conducted from August to November for 10 companies selected comprehensively considering factors such as the KONEX listing period and designation as a non-compliant disclosure corporation by the Exchange.
The consulting will be carried out by checking the current status of the disclosure system establishment and the level of internal information management, then presenting improvement measures. External consultants and Exchange staff will conduct one-on-one disclosure system diagnosis and analyze deficiencies for each company through online video meetings, and will also provide system guidance and practical manuals.
Subsequently, improvement plans for the disclosure system will also be provided. The improvement plan will be composed based on the results of preliminary diagnosis and interviews, and on-site training will be conducted if necessary.
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The Exchange stated, "Through this consulting, KONEX-listed companies lacking human and physical infrastructure will strengthen their disclosure capabilities and effectively prepare for enhanced disclosure obligations when transferring to KOSDAQ," adding, "We will continue to support KONEX to strengthen its incubating function in the future."
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