Category: Entrepreneurship News
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Government Eases Path for Select Firms to Transition from KOSDAQ to KONEX
In a significant policy shift aimed at stabilizing the financial landscape, the South Korean government has announced a new measure allowing certain financially sound companies facing delisting on the KOSDAQ to transition to the KONEX market without undergoing the traditional liquidation process. This decision, confirmed by Deputy Prime Minister and Minister of Economy and Finance,…
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Government Delays KOSDAQ Delisting Criteria Increase and Introduces K-OTC Transition Plan
In a significant development for the South Korean financial markets, the government has decided to postpone the increase in the KOSDAQ delisting market capitalization threshold from 200 billion to 300 billion won by six months, now set to take effect in July next year. This decision was made during a market situation assessment meeting chaired…
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Small Cap Companies Seek Refuge in KOSDAQ Amid Listing Concerns
In a significant policy shift, the South Korean government has announced reforms aimed at easing the stringent listing criteria that have placed certain profitable companies at risk of delisting from the KOSDAQ stock exchange. This initiative comes in light of rising concerns from the business community regarding the fairness of delisting purely based on market…
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Government Delays Listing Criteria Changes for KOSPI and KOSDAQ to Support Market Recovery
In a strategic move to bolster the financial markets, the South Korean government has announced a six-month postponement of the planned increase in the market capitalization thresholds for delisting from KOSPI and KOSDAQ. Originally set to take effect in January, these changes will now be implemented in July. This decision reflects the government’s recognition of…
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Enhanced KOSDAQ Delisting Standards Postponed as KONEX Transition Listing Introduced
In a significant policy shift, the South Korean government has decided to postpone the implementation of enhanced delisting standards for the KOSDAQ market by six months. Initially set to take effect in January 2024, the new market capitalization threshold will now be delayed until July 2024. This decision was announced during a market situation assessment…
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Bluepoint’s CSprint Program Paves the Way for Deep Tech Entrepreneurs
In a bold initiative to bridge the gap between groundbreaking research and commercial success, Bluepoint Partners, a deep tech accelerator, is on a quest to recruit ‘entrepreneurial talents’ who can turn innovative technologies into viable businesses. This program is particularly aimed at connecting university and government-funded research institutions with aspiring entrepreneurs, thereby addressing the traditional…
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Revitalization of the Korean Real Estate Association as a Legal Entity Marks New Era for Realty Professionals
The Korean Association of Certified Real Estate Agents has officially regained its status as a legal entity after 27 years, a significant milestone celebrated at a ceremony held on September 9, 2023, at Sejong University in Seoul. Notable figures, including Jang Dong-hyuk, the representative of the People Power Party, and Kim Jong-ho, the president of…
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Hwawoo Hosts Legal Practical Training for In-House Counsel with Over 70 Corporate Participants
On the 11th, Hwawoo Law Firm announced the successful hosting of the 15th edition of its ‘Legal Practical Training for In-House Counsel.’ This event, conducted over two days on the 9th and 10th, saw participation from more than 130 legal professionals representing around 70 companies, including notable conglomerates such as Samsung Heavy Industries, SK Group,…
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Empowering In-House Counsel Through Practical Legal Training
In a remarkable initiative to enhance the capabilities of in-house counsel, the prestigious law firm HWANG & Co., led by Managing Partner Lee Myung-soo, hosted the 15th edition of its ‘Legal Practice Seminar for In-House Counsel’ on the 9th and 10th of this month. This seminar, which has been a cornerstone of legal education since…
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Deep Tech Advocates Rise in South Korea as Researchers Embrace New Opportunities
In an era where innovation is paramount, South Korea is witnessing a transformative shift as prominent researchers pivot from traditional entrepreneurial paths to becoming advocates for deep technology development. Dr. Jeon Nam-jung, the head of the Photonic Energy Research Center at the Korea Institute of Chemical Technology, emphasizes the critical role of researchers in the…