KAMCO Supports Technology Excellence Companies with Busan Yeonhap Technology Holdings

Activation of Innovation Growth Ecosystem for Technology Excellence Companies

At the 'Business Agreement Ceremony for the Normalization of Management of Excellent Technology Companies and Activation of the Innovation Growth Ecosystem' held on the 30th at the Busan International Finance Center (BIFC), Kwon Nam-ju, President of KAMCO (right), and Park Hoon-gi, CEO of Busan Union Technology Holdings (left), signed the agreement and took a commemorative photo with the officials.

KAMCO (Korea Asset Management Corporation) announced on the 30th that it signed a "Business Agreement for the Revitalization of the Ecosystem for Management Normalization and Innovative Growth of Technology-Excellent Companies" with Busan Union Technology Holdings at the Busan International Finance Center (BIFC).

This agreement was established to seek support measures for the normalization of technology-excellent companies facing difficulties in financing due to the continued increase in economic uncertainty. According to the agreement, both organizations plan to enhance support effectiveness for companies with excellent technology but experiencing temporary liquidity crises through △ joint discovery of corporate support demands △ linked support of corporate support programs △ exploration of joint investment and funding opportunities.

President Kwon Nam-ju said, "I hope this business agreement will help discover technology-excellent companies and support management normalization through the synergy effect of both organizations," adding, "KAMCO will continue to support innovative growth with customized support tailored to the entire lifecycle of companies."

Meanwhile, KAMCO contributes to the management normalization and competitiveness enhancement of companies through various corporate support programs such as △ operation of the Corporate Restructuring Support Center △ asset purchase and lease programs △ funding support for rehabilitation and workout companies.

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