Tag: KONEX
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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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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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Bonsystems Achieves Milestone with 300th Listing on KONEX Market
In a significant development for the South Korean financial landscape, the Korea Exchange has officially approved the listing of Bonsystems Co., Ltd. on the KONEX market, with trading set to commence on the 8th of this month. This pivotal moment marks not just a partnership between the company and the exchange, but also the achievement…
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KOSDAQ Market Embraces Innovation with BonSystems’ New Listing
On the 4th of this month, the Korea Exchange announced its approval for the listing of BonSystems on the KONEX market. Trading for this newly listed stock is set to commence on the 8th, with an initial evaluation price of 16,300 won. This significant milestone not only marks BonSystems’ entry into the capital market but…