Junggyeonryeon Partners with Korea Securities Depository to Support Liquidity Securing for Mid-sized Companies

Signing of the 'Business Agreement to Support Strengthening Financing Capabilities of Mid-sized Companies'

The Korea Federation of Medium-Sized Enterprises announced on the 3rd that it has signed a 'Business Agreement to Strengthen the Fundraising Capabilities of Medium-Sized Enterprises' with the Korea Securities Depository.

The two organizations plan to cooperate in supporting securities issuance, electronic registration, and distribution of securities, as well as promoting customized overseas fundraising capability enhancement education and consulting, to back the solid expansion of investments by medium-sized enterprises through rapid domestic and international fundraising and stable shareholder management.

Lee Ho-jun, Executive Vice President of the Korea Federation of Medium-sized Enterprises (left), and Lee Soon-ho, President of the Korea Securities Depository, are posing for a commemorative photo.

The Korea Securities Depository will provide services such as a 20% discount on basic securities agency fees for all companies converting to electronic securities by the end of 2024, and exemption from stock issuance registration fees.

Lee Ho-jun, the full-time vice chairman of the Korea Federation of Medium-Sized Enterprises, stated, "We will work closely with the Korea Securities Depository to improve the efficiency of securities issuance and shareholder management for medium-sized enterprises, and promote various support programs to back rapid liquidity securing for continuous investment."

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