Exchange: "124 Companies Completed Value-Up Disclosures... 5% of Total"

by Kim Jinyeong

Published 19 Mar.2025 12:31(KST)

The Korea Exchange announced on the 19th that since the implementation of value-up (corporate value enhancement) disclosures at the end of May last year, 124 companies have complied with this requirement. This figure combines both official disclosures and preliminary disclosures.

By market, participating companies include 101 firms in the KOSPI market and 23 firms in the KOSDAQ market. This represents about 4.9% of the 2,544 listed companies excluding Special Purpose Acquisition Companies (SPACs) (850 KOSPI companies and 1,694 KOSDAQ companies).

The market capitalization proportion of value-up disclosure companies is 45.3% for KOSPI and 2.5% for KOSDAQ, indicating that value-up disclosures have been primarily implemented by KOSPI-listed companies.

The Exchange explained that it has continuously held education and briefing sessions focused on case studies for disclosure officers and those responsible to encourage listed companies to participate in value-up initiatives.

In particular, to support the participation of small and medium-sized listed companies in value-up disclosures, the asset size criteria for companies eligible for value-up consulting support have been expanded from less than 300 billion KRW for KOSPI and less than 150 billion KRW for KOSDAQ to less than 500 billion KRW for both markets, and the number of supported companies has increased from 100 to 120.

In May, the Exchange plans to support greater participation in value-up disclosures by publishing a white paper that includes awards for outstanding value-up companies, exemplary disclosure cases, and key features.