South Korean exchanges announced revisions to listing rules that would subject certain companies to a substantive delisting review if they change their primary business purpose within five years after an IPO.
According to Odaily, the rule applies to companies listed through a technical exception procedure.
The exchanges said a change in business purpose refers to additions or amendments to a company’s articles of association. However, changes related to businesses similar to the original main business or to auxiliary businesses are excluded.
South Korean Exchanges Revise Listing Rules for Post-IPO Business Purpose Changes
2026-07-02 03:54:08
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