Exchange Holds Briefing Session for Disclosure Officers and Staff to Enhance Value
The Korea Exchange announced on the 15th that it held a briefing session for disclosure officers and personnel of listed companies to enhance corporate value.
This briefing session was conducted with Kim Hak-gyun, Head of the Research Center at Shin Young Securities, providing an outlook on this year's stock market, and the Korea Exchange explaining the progress and future plans of the value-up program. Approximately 300 participants (about 210 companies), including disclosure officers and personnel from KOSPI and KOSDAQ listed companies, attended the session.
Director Kim stated, "This year, fundamental indicators are likely to deteriorate, such as the downward revision of the Gross Domestic Product (GDP) growth rate due to sluggish facility investment and exports," but added, "Concerns about economic slowdown have already been reflected in the stock market, and with the easing of the strong dollar, the stock market this year is expected to perform better compared to last year." He further explained, "In particular, the corporate value-up program aimed at enhancing shareholder value will continue to be promoted this year, contributing to alleviating the Korea discount."
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An official from the Exchange said, "We plan to continue various support activities, including holding value-up briefing sessions this year, to encourage more companies to participate in value-up disclosures."
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