|
|
 Listing
Requirements |
The listing requirements for Free Board are less
stringent than those for the KRX. To
be listed, the following requirements must
be met: |
， Issuer must
obtain an "unqualified opinion"
or "qualified opinion" on its financial
statements
for the latest fiscal
year(Not applied to venture businesses and companies delisted from
the Stock Market or KOSDAQ)
， Issue must be eligible to be deposited with
KSD
， Issuer must conclude a transfer agency service
contract with transfer agent
， There are no limitations to stock transfer |
| Listing
Procedure |
|
First, KSDA determines whether a stock is
eligible for listing. |
|
Second, KSDA determines its eligibility within
five business days after receiving the application.
|
|
New listings begin trading after three business
days have passed. |
| Applicant
for Listing |
|
The application for Free Board listing may be made
by either the issuer a KSDA member
securities firm. |
|
Amendment or additional listing can be made
for the listed stocks if any of the following
changes: |
， type of listing
issue
， par value
， denomination or quantity of issued stocks
|
|
|
|
|
