Officials pose for a commemorative photo after signing a memorandum of understanding (MOU). From left: Hwang Chang-sun, KONEX Association Chair; Min Kyung-wook, KOSDAQ Market Division Head at the Korea Exchange (KRX); Lee Won-hae, Global Leading Companies Association Chair. /Courtesy of Korea Exchange (KRX)

Korea Exchange (KRX) said on the 15th that it signed a memorandum of understanding (MOU) at its Seoul headquarters with the KONEX Association and the Global Leading Companies Association to promote KONEX listings of outstanding companies located in industrial complexes.

Under the agreement, the three organizations agreed to work together to support entry into the KONEX market by small and venture companies with high growth potential located in industrial complexes and to expand the foundation for listings.

The exchange will support overall matters such as holding listing briefings and listing procedures. The KONEX Association will assist industrial complex corporations with fundraising activities and investor relations (IR), and the Global Leading Companies Association plans to identify KONEX listing demand among its member companies and promote the market.

The Global Leading Companies Association has 241 corporations in industrial complexes nationwide as member companies and is composed of 12 regional chapters across the country, including Gangwon, Chungcheong, North Gyeongsang, and South Jeolla.

The exchange said, "Through the business agreement with the Global Leading Companies Association, which has 241 corporations in industrial complexes nationwide as member companies, we expect to raise awareness of the KONEX market among regional companies and contribute to promoting listings."

Meanwhile, Korea Exchange (KRX) also carried out a sharing activity on the 14th for Chobok, delivering 30.5 million won in donations to the Busan Association of Senior Welfare Centers to support a healthy summer for older residents in the Busan area.

※ This article has been translated by AI. Share your feedback here.