Government Delays Delisting Rule Tightening
Companies facing delisting for failing to meet market capitalization requirements will be allowed to transfer to the KONEX market if they meet certain financial criteria. The government is maintaining its policy of removing insolvent companies from the market while introducing a buffer to minimize m
The government has announced a delay in tightening delisting rules for companies that fail to meet market capitalization requirements. This decision comes as the KOSDAQ market faces worsening conditions and a heightened risk of mass delistings. Companies designated for delisting due to insufficient market capitalization since July 1 will now be allowed to transfer their listings to KONEX if they meet certain financial criteria.
The government maintains its policy of removing insolvent companies from the market while introducing a buffer to minimize market disruption for financially sound firms. The delisting threshold for market capitalization has also been delayed by six months to July 2027, with the current thresholds of 30 billion won for KOSPI and 20 billion won for KOSDAQ remaining in effect until the end of June next year.
Brief written by urgent.news from BusinessKorea's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
