Exchange Holds Value-Up Meeting with Top 10 Groups Including Samsung Electronics and SK
Chairman Jeong Eun-bo Urges Leading Participation from Top 10 Groups
The Korea Exchange announced on the 22nd that it held a meeting with listed companies of the top 10 groups to discuss corporate value enhancement.
![Jeong Eun-bo, Chairman of the Korea Exchange (third from the left in the front row), and financial executives from the top 10 groups attending the 'Top 10 Groups Meeting for Corporate Value-Up' are shouting "Fighting" and taking a commemorative photo. <br>[Photo by Korea Exchange]](http://www.asiae.co.kr/news/img_view.htm?img=2024082213215593256_1724300515.jpg)
Jeong Eun-bo, Chairman of the Korea Exchange (third from the left in the front row), and financial executives from the top 10 groups attending the 'Top 10 Groups Meeting for Corporate Value-Up' are shouting "Fighting" and taking a commemorative photo.
[Photo by Korea Exchange]
Executives from ▲Samsung Electronics ▲SK ▲LG ▲POSCO Holdings ▲Lotte Holdings ▲Hanwha ▲GS ▲HD Hyundai ▲Shinsegae and others attended the meeting.
Jung Eun-bo, Chairman of the Korea Exchange, stated, "Currently, plans to enhance corporate value are being disclosed primarily in the financial sector, and it is expected that disclosures will expand to various industries in the second half of the year when business plans are actively gathered."
He added, "As volatility in domestic and international stock markets has recently increased, we ask the top 10 groups, which are a strong pillar of our stock market, to take the lead in participating in the value-up program."
The executives attending the meeting mentioned that, following the completion of the first half earnings announcements, they are reviewing participation in the corporate value-up program and discussing ways to continuously increase corporate value by linking listed affiliates at the group level.
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A Korea Exchange official said, "We plan to actively support the disclosure participation of listed companies by providing examples of value-up disclosures from participating companies through future briefings and discovering outstanding company cases," adding, "We will announce the Korea Value-Up Index, which will serve as a barometer for the value-up program, next month and will proceed smoothly with the launch of an exchange-traded fund (ETF) and the listing of value-up index futures within this year."
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