Korea Exchange (KRX) said on the 4th that it held an online briefing for disclosure officers and managers regarding the "disclosure of corporate value enhancement plans by high-dividend corporations."
The briefing was held to explain matters related to the disclosure of corporate value enhancement plans by high-dividend corporations following a revision to the Enforcement Decree of the Act on Restriction on Special Cases Concerning Taxation, and to encourage compliance within the deadline.
The briefing provided guidance on the timing and content of submitting disclosures on corporate value enhancement plans by high-dividend corporations, cautions when filling them out, and sample formats, followed by a Q&A session.
For convenience, the briefing was conducted online, and about 500 people (from 250 companies) who are corporate practitioners participated.
The exchange plans to hold an additional briefing on the 9th to prevent omissions in the disclosure of corporate value enhancement plans by high-dividend corporations and will continue to provide guidance through emails and pop-up notices on the exchange's website.
An exchange official said, "For corporations that have difficulty preparing disclosures, we plan to actively support them by accepting advance applications through the 10th of this month and providing tailored consulting."