Korea Exchange Holds Online Briefing on Disclosure of Corporate Value Enhancement Plans for High-Dividend Companies
The Korea Exchange announced on the 4th that it held an online briefing session on the disclosure of plans to enhance the corporate value of high-dividend companies.
On the 4th, the KOSPI, hit by the aftermath of the outbreak of war between the United States and Iran, plunged by the largest margin in history, falling below the 5,100 mark. The KOSPI, KOSDAQ, and won/dollar exchange rate were displayed on the dealing room monitors at the Hana Bank headquarters in Jung-gu, Seoul. Photo by Yonhap News.
View original imageThis briefing was organized to provide information on the disclosure requirements for high-dividend companies’ value enhancement plans under the amended Enforcement Decree of the Restriction of Special Taxation Act, and to encourage compliance within the designated deadline.
To facilitate participation by those responsible for, or in charge of, disclosures, the session was held online via YouTube, and approximately 500 corporate professionals from 250 companies took part.
The Korea Exchange plans to hold an additional briefing session on the 9th to ensure no high-dividend company omits the disclosure of its value enhancement plan. The exchange will also continue to provide guidance through email notifications and pop-up announcements on its official website.
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Furthermore, the exchange will actively support companies experiencing difficulties with disclosure preparation by accepting advance applications and offering tailored consulting services.
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