KOSDAQ Association Accepting Applications for Korea KOSDAQ Awards
The KOSDAQ Association announced on June 27 that it will be accepting applications for the '17th Korea KOSDAQ Awards' until August 11.
The association seeks to discover outstanding companies in areas such as business performance, market contribution, ESG management, technological development, and job creation, in order to enhance investor confidence and the value of the KOSDAQ brand. Since 2004, the Korea KOSDAQ Awards ceremony has been held annually.
Now in its 17th year, the Korea KOSDAQ Awards have been elevated to a government-sponsored event since 2022 and are co-hosted by the KOSDAQ Association and the Ministry of SMEs and Startups. The highest honor is the Prime Minister's Award, and up to 15 companies will be selected across a total of 9 categories, including the Minister of SMEs and Startups Award and the Chairman of the Financial Services Commission Award.
The final award recipients will be selected through a process that includes a quantitative evaluation based on document review and a qualitative evaluation through on-site company visits, conducted by a selection committee composed of external experts in each field. Award-winning companies will receive additional points in the governance evaluation during periodic designated auditor exemption reviews. Listing and change-listing fees on the Korea Exchange will be waived for one year. Additional benefits include free participation in mandatory disclosure education provided by the KOSDAQ Association.
When selecting award recipients, companies participating in the corporate value-up program will receive extra points, in order to promote mutual growth with investors through the voluntary enhancement of corporate value by KOSDAQ-listed companies.
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Lee Donghun, Chairman of the KOSDAQ Association, stated, "Like a great ship sailing across the ocean, we ask for the participation and interest of outstanding companies that will lead the era of 1,000 KOSDAQ-listed firms."
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