Exchange Offers Free Disclosure Consulting for KONEX Listed Companies

Korea Exchange Exterior View

The Korea Exchange announced on the 12th that it will provide free consulting to strengthen disclosure capabilities for small and venture companies listed on the KONEX market.

The '2023 KONEX Listed Companies Disclosure System Establishment Support Consulting' will be offered free of charge to up to 20 KONEX listed companies, excluding those that have already received related consulting or those with reasons for delisting. Since the KONEX market mainly lists early-stage small and venture companies, this pre-consulting aims to prevent inadequate disclosures and enhance the trustworthiness of the KONEX market.

KONEX listed companies wishing to receive free consulting can apply by the 21st. Relevant information will be separately provided to KONEX listed companies, and the actual consulting will begin next month.

The Exchange plans to prioritize companies with a high need for consulting, such as those with faithful disclosure records, newly listed companies, and companies preparing for transfer listing (preliminary review requests). Selected companies will have their disclosure vulnerability areas analyzed in advance by external professional consultants such as accounting firms and Exchange staff, who will then visit the companies directly to conduct one-on-one consulting. The process will include on-site diagnosis results reporting, education, and follow-up management. A Korea Exchange official stated, "We will continue our support efforts so that KONEX listed companies can grow further in the KONEX market."

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