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No. of listed firms in S. Korea under threat of delisting hits 5 year high in July

2019-07-26 1 Dailymotion

경기둔화로 상장폐지 심사 대상 기업 5년래 최대 기록해<br /><br />The number of companies on the Korean stock market at risk of being delisted... has risen to a five-year high.<br />The Korea Exchange said Friday that 26 companies have been looked at so far this year to see whether they meet the standards to be listed.<br />That's a jump of a 53 percent from the same period last year.<br />Many of these companies were unable to give their shareholders information that they're required to give them, which is common in an economic slowdown.<br />Last year more than 100 companies on the KOSDAQ gave their shareholders false information, which was a rise of more than 42 percent.<br />

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