Notification of the results of listing eligibility review

The KRX shall inform, in written form, the listing applicant and the Financial Services Commission of the results of listing eligibility review within 45 days from the application date.

However, the notification of review results can be delayed if there are unavoidable matters such as modification or supplementation of the submitted documents. In this case, the matters and the expected handling period shall be notified to the listing applicant and the FSC in written form.

Invalidation of the results of listing eligibility review

In case where the matters which may have a huge impact on the review results have occurred to the listing applicant after the notification of the results of listing eligibility review has been informed to the listing applicant and the FSC, the KRX may suspend the validity of the results of listing eligibility review concerned.


Following are the matters concerned.

  • Case where the important matters concerning business management have occurred
  • Case where the fact that there are false description or representation or the important matters are not described or represented are found
  • Case of receiving disciplinary measures from the Securities & Futures Commission since the fact of a violation of accounting standards has been found through accounting inspection by the Commission
  • Case of modification of the details of prospectus (including preliminary prospectus)
  • Case where the application for initial listing is not submitted within 6 months from the notification date of the results of listing eligibility review
  • Case where the limitation regulations on the volume of capital increase with and without consideration and change of shareholdings of the largest shareholder, etc. are violated after the submission of the application of listing eligibility review.
  • Case of other issues having a huge impact on the result of listing eligibility review