KOSPI market -Number of elapsed years since incorporation
KOSPI market -Number of elapsed years since incorporation
Item Details
Number of elapsed years since incorporation
  • At least 3 years since incorporation
    • considering the actual operating period in the case of merger, division, merger after division, and acquisition of business
    • considering the actual operating period of the major subsidiaries in the case of a holding company
  • To continue to maintain its business operations
Major subsidiaries refer to the subsidiaries, of which the amount derived by adding the book values of subsidiaries written on the statement of financial position of a holding company as of the end of the latest fiscal year reaches 75% of the book values of the subsidiaries aggregated in descending order from the highest to the lowest.
KOSPI market - Auditor’s opinion
KOSPI market - Auditor’s opinion
Item Details
Auditor’s opinion
  • Unqualified opinion for the latest fiscal year, and unqualified or qualified opinions for the previous two years
  • However, qualified opinion due to the limitation on the scope of the audit shall be excluded
KOSPI market- Appointment of outside director or audit committee

At the time of initial listing, the number of outside directors appointed shall be 1/4 of the total number of the directors. When it comes to the corporation with KRW 2 trillion or more of the total assets, the number of outside directors shall be at least 3 who account for the majority of the total number of the directors, and shall establish an audit committee of which the outside directors account for 2/3 (two-thirds) or more.


However, general companies may not appoint outside directors at the time of initial listing, but outside directors shall be appointed until the date of the shareholders’ general meeting called for the first time after listing.

KOSDAQ market -Number of elapsed years since incorporation
KOSDAQ market -Number of elapsed years since incorporation
Item Details
Number of elapse years
  • At least 3 years since incorporation
    • In case of merger, division, merger after division, and business acquisition, actual business operating period shall be considered
    • A holding company shall consider actual business operating period of the major subsidiaries.
  • To continue to operate business
KOSDAQ market - Auditor’s opinion
KOSDAQ market - Auditor’s opinion
Item Details
Auditor’s opinion
  • unqualified opinion for the latest fiscal year
  • However, qualified opinion due to the limitation on the scope of the audit shall be excluded.
KOSAQ market - Appointment of outside director or audit committee

At the time of initial listing, the number of outside directors appointed shall be 1/4 of the total number of the directors. When it comes to the corporation with KRW 2 trillion or more of the total assets, the number of outside directors shall be at least 3 who account for the majority of the total number of the directors, and shall establish an audit committee of which the outside directors account for 2/3 (two-thirds) or more .

However, a listing applicant may not appoint outside directors until the time of initial listing, but outside directors shall be appointed until the date of the shareholders’ general meeting called for the first time after listing.