Tuesday, February 14, 2017

Jeongeunbo vice chairman, "special public institutions promoting improved technology Conex"



[Korea hyerin nine financial newspaper reporter] jeongeunbo Vice Finance Committee announced that it will promote improved technology Conex special public institutions.

Chung vice "will promote improved technology special public institutions to facilitate early technology companies of Conex market with growth potential than" held Conex market system improvement meeting place for sustainable growth in the Korea Exchange, 14 days old He said.

Conex market, which was set up in July 2013 to serve as a venture capital markets for a number of start-ups and small and medium initial venture.

Conex is currently market over the past three years after the establishment has shown a remarkable growth. Be opened publicly traded company at the time was only 21 companies grew seven-fold to 142 companies, market capitalization has increased more than eight times the level of 4 trillion won from 500 billion won level.

Conex financing of SMEs through the markets (capital increase, etc.) size is also steadily increasing, year on February 3, a total of 69 companies have succeeded in financing more than 320 billion won. In the KOSDAQ market also Conex stands at 25 companies successful companies prior to listing. June 2014 companies, 8 companies in 2015, 11 companies in 2016 succeeded the previous listing.

Chung vice 'challenges and Armed small as DNA of innovation. The important point is that more than ever the national economy to support the establishment and growth of venture companies, said, "The government around the Conex market' crowdfunding → nose → KOSDAQ Annex 'to be firmly established itself in the capital markets have grown ladder system will continue to promote actively connected to a policy efforts, he said.

This information is presented Vice-sharing and policy efforts in four. The first announced that it would promote improvement schemes listed special technical Conex.

Also, I would emphasize more quick maintenance Conex company previously traded (Fast Track) system allows you to transfer smoothly into the KOSDAQ market.

Crowd funding also said special public companies would be actively seeking disclosure and IR services, including support measures to promptly seated in the Conex market.

On the other hand, the expansion of investment demand in the market, Conex and explained he would continue to promote such expansion provide information on investors to support the Conex listed company analysis report published (KRP) so that the transaction can enhance transparency. KRP (Konex Research Project) is a project that the exchange is analyzed in conjunction Conex publicly traded companies and research institutions published reports support costs.

Day conference has traded Conex (hopefully) had time to discuss businesses, relevant agencies, industry experts, IB, VC market participants such as institutional improvement has attended a total of 20 people.



Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com