Korea Exchange (KRX) said on the 5th that starting this year it will greatly expand the corporations eligible for value-up consulting.
The exchange has been implementing the value-up program since May 2024 and is conducting one-on-one consulting to help small and midsize listed corporations draw up and disclose plans to boost corporate value.
Now in its third year of implementation, the plan is to significantly expand the eligibility and scope of value-up consulting and to prioritize support for corporations with disclosure plans to promote meaningful participation in disclosures.
To start, the existing consulting eligibility was corporations with less than 500 billion won, but it will be greatly expanded to corporations with total assets of less than 2 trillion won.
In addition, to help establish the disclosure of corporate value enhancement plans in line with government policy, high-dividend corporations and newly listed corporations via the technology exception will receive priority support.
The scope of consulting will also be expanded. To strengthen links to disclosure, a second round of consulting will be introduced that reviews a draft of the "corporate value enhancement plan" prepared directly by the corporation, expanding the support beyond the first round focused on analyzing financial indicators.
In addition, so that listed corporations can use it for actual disclosures, objective feedback will be provided on the appropriateness of the disclosure draft's structure, wording, and level, as well as on the consistency and feasibility of execution tasks.
Multiple external professional institutions will conduct the consulting. The exchange said that, after receiving applications from listed corporations and selecting the corporations eligible for consulting, it will proceed in the order of preliminary diagnosis, on-site visit, and results report.
Meanwhile, the exchange plans to select consulting institutions next month, provide guidance to and receive applications from listed companies, and begin consulting in April.