Korea Exchange flags 36 penny stocks as administrative issues under tougher delisting rules
The Korea Exchange designated the 36 listed companies as administrative issues on Wednesday, citing their share prices or market capitalizations falling below minimum listing requirements. This move is part of tougher rules designed to accelerate the removal of penny stocks and financially weak firms. Of the total, nine trade on the Kospi and 27 on the Kosdaq, with 30 being newly designated and six already under administrative issue status receiving additional grounds.
Source:Korea Herald商业 · Source Link
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