Korea Exchange Selects 11 Companies as 2021 Outstanding Disclosure Corporations in the KOSPI Market

After the award ceremony for outstanding disclosure corporations, (front row from left) Im Jae-jun, Head of the Korea Exchange KOSPI Market Division; Kim Doo-man, Vice President of Ssangyong C&E; Yoo Kwang-bok, Vice President of Samsung Heavy Industries; Lee Sung-geun, Executive Director of Dong-A ST; Chae Il-soon, Manager of Grand Korea Leisure; Cha Sang-taek, Executive Director of Mirae Asset Life Insurance; Song Young-hoon, Deputy Head of the Korea Exchange KOSPI Market Division; (back row from left) Heo Do-young, Managing Director of Samsung Biologics; Yoon An-sik, Vice President of Hanwha Systems; Lee Ji-yoon, Vice President of Kakao; Jo Jin-ho, Managing Director of Hyundai Heavy Industries Holdings; Lee Eon-seong, Team Leader of Hyundai Home Shopping; Jang Kyu-young, Finance Officer of Emart, are posing for a commemorative photo. Photo by Korea Exchange

[Asia Economy Reporter Lee Seon-ae] The Korea Exchange announced on the 10th that it held the '2021 Excellent Disclosure Companies in the KOSPI Market' awards ceremony at its Seoul headquarters in Yeouido, Yeongdeungpo-gu, Seoul.

On the 10th at 10 a.m., the Korea Exchange held an awards ceremony in the main conference room of its Seoul headquarters in Yeouido, Yeongdeungpo-gu, Seoul, selecting 11 companies including Mirae Asset Life Insurance as the 2021 Excellent Disclosure Companies in the KOSPI Market.

Mirae Asset Life Insurance, Dong-A ST, Hyundai Heavy Industries Holdings, E-Mart, Grand Korea Leisure, Hyundai Home Shopping, Ssangyong C&E, and Samsung Heavy Industries were selected as excellent disclosure companies. Kakao, Hanwha Systems, and Samsung Biologics received awards as excellent disclosure companies for English disclosures.

Excellent disclosure companies receive preferential benefits for one year after selection, including exemption from annual fees and listing fees, one-time deferment of designation as a non-compliant disclosure company, and exemption from annual education completion.

Im Jae-jun, head of the KOSPI Market Division, said, "We appreciate the efforts of excellent disclosure companies that have established efficient disclosure processes based on systematic internal control systems and actively communicated with investors," adding, "We ask that you continue to enhance the reliability of the securities market through fostering a culture of sincere disclosure and especially strive to protect individual investors who are in information blind spots."

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