Chairman Jeong Eun-bo Meets Samsung Electronics and Hyundai Motor to Request Participation in Value-Up Program

Jung Eun-bo, Chairman of the Korea Exchange, met with large listed companies in the KOSPI market such as Samsung Electronics, Hyundai Motor, and Shinhan Financial Group to request their cooperation in the corporate value-up program.

Jung Eun-bo, Chairman of the Korea Exchange (fifth from the left in the front row), and executives of listed companies are shouting "Fighting" and taking a commemorative photo at the KOSPI large-cap listed companies meeting for corporate value-up.
[Photo by Korea Exchange]

On the 31st, the Korea Exchange held a 'KOSPI Large Listed Companies Meeting for Corporate Value-Up' chaired by the Chairman. The meeting was organized to listen to the opinions of executives in charge of strategy and finance from 12 large KOSPI listed companies (Lotte Holdings, Samsung Electronics, Shinhan Financial Group, Woori Financial Group, KT, Hanwha, Hyundai Motor, GS, HD Hyundai, LG, POSCO Holdings, SK) regarding the corporate value enhancement plan disclosure implemented on the 27th, and to encourage active participation.

Chairman Jung stated, "After gathering opinions from various market participants, we have prepared and implemented guidelines for the corporate value enhancement plan. Since the implementation date on the 27th, KB Financial Group submitted a 'Corporate Value Enhancement Plan Preliminary Disclosure,' and on the 28th, Kiwoom Securities submitted a 'Corporate Value Enhancement Plan Disclosure,' marking the official start of the corporate value-up program." He added, "It is important to establish the program by spreading the participation atmosphere among companies, so we hope that large listed companies will take the lead in participating." He also emphasized the significance of the program by saying, "The fact that several listed companies have started reviewing and establishing their corporate value enhancement plans is a meaningful first step toward value-up in our capital market."

Executives from the listed companies attending the meeting agreed on the direction and necessity of the corporate value-up program and stated that rather than focusing on speed such as 'rapid disclosure,' they will strive to ensure 'meaningful disclosure' through sincere consideration and review. They also expressed their intention to participate in the program by sufficiently forming consensus inside and outside the company and maintaining market interest through phased disclosures (preliminary disclosure → main disclosure), as the preliminary disclosure system is in place.

The Korea Exchange plans to continuously listen to market opinions and communicate to encourage participation from many listed companies, as the corporate value enhancement plan disclosures have just begun.

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