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The Korea Exchange (KRX) held a forum, 「2014 US Companies' Listing in Korea」, on June 10, 2014 (local time zone) in Boston, United States. The invited audience was constituted of about 100 individuals from diverse areas - companies in the Eastern region’s emerging industries such as IT and Bio as well as institutional investors and securities firms.
The goal of this event was to increase the awareness of Korean capital market overseas and thus to build a firm basis of infrastructure necessary to attracting U.S. blue-chip companies. The KRX showed active efforts such as introducing the Korean stock market and providing information on benefits and guideline of the KRX listing process and the cases of current foreign listings as well.
The KRX and participated Korean organizations presented diverse information based on their business types, ranging from overview of Korean capital market, merits of the KRX IPO, issuance of the KDR, role of a lead manager, listing cases of foreign companies on the KRX, issues of accounting to legal area, etc.
Mr. Jae-Joon Kim, President & COO of KOSDAQ Market Division, in his greetings mentioned of the advantages that come with foreign companies’ listing. Specifically, he emphasized that the listing of U.S. companies on the KRX market not only encourages the growth of listed companies but also advancement of the Korean capital market.
Geared up from the successful forum, the KRX plans to continue its effort of publicizing the Korean capital market and marketing activity for blue-chip foreign companies in rising industries like IT and Bio business.
