The Korea Exchange announces that on Dec. 5, it awards outstanding investment banks (IB) among those that carried out listing sponsorship duties for 2024 in the promotional hall of its Seoul office. From left, Lee Mi-hyun, Deputy Head of the KOSDAQ Market Division of the Korea Exchange; Jeong Eun-bo, Chairman of the Korea Exchange; Kim Sung-hyun, CEO of KB Securities; Kim Mi-seop, Vice Chairman of Mirae Asset Securities; Seo Jeong-hak, CEO of IBK Securities; Min Kyung-wook, Head of the KOSDAQ Market Division of the Korea Exchange; and Lee Chung-yeon, Deputy Head of the KOSDAQ Market Division of the Korea Exchange. /Courtesy of Korea Exchange

The Korea Exchange announced on the 5th that it selected Mirae Asset Securities and KB Securities as the excellent investment banks (IB) for KOSDAQ last year. IBK Securities was named as an excellent IB for KOSDAQ.

The Exchange evaluated the selection process by comprehensively considering the contribution to the securities market, the excellence of listed companies, and the appropriateness of IB operations. The Exchange noted that it aimed to promote the activation of KOSDAQ and KONEX listings by evaluating and rewarding IBs that conducted listing facilitation.

Previously, in 2022, Korea Investment & Securities, Mirae Asset Securities, Shinhan Investment Corp., and DAISHIN SECURITIES were selected as the excellent IBs for KOSDAQ and KONEX, while in 2023, Mirae Asset Securities, Samsung Securities, and IBK Securities were selected.

Jung Eun-bo, the director of the Exchange, said, "Despite difficult market conditions, promising and competitive companies were able to be listed thanks to the efforts of the sponsoring institutions," adding that "the Exchange will continue its efforts to enhance the capital market's value by supporting the listing of excellent technology corporations and improving the review and delisting processes."

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