6-Month Grace Period for Delisting
Machine translated
6-Month Grace Period for Strengthening Delisting Market Cap Standards... Adjusting the Pace of Exit for Marginal Companies - Donghaeng Ilbo
The Financial Services Commission and the Korea Exchange have decided to delay the strengthening of market capitalization standards for delisting, which was scheduled to take effect next January, by six months. The new standards are 50 billion KRW for the KOSPI market and 30 billion KRW for the KOSDAQ market.
I don't think this is a good move.
I wonder how much of a difference this will actually make..
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