- Timely Disclosure - Inquired Disclosure
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- Definition
- Inquired disclosure is to ensure fair trading of securities and protection of investors by requesting a listed corporation to clarify about the existence of any important information and to make a disclosure if and when there is any rumor or a media report regarding major corporate management-related things or a significant fluctuation in the stock's price or the traded volume.
- Matters subject to Inquired Disclosure
- Obligatory disclosure issues (Article 6 of the Disclosure Regulation of KRX-KOSDAQ Market)
- Obligatory disclosure issues of subsidiaries (Article 6-2 and 7 of the Disclosure Regulation of KRX-KOSDAQ Market)
- Obligatory disclosure issues of SPAC (Article 9-2 of the Disclosure Regulation of KRX-KOSDAQ Market)
- Obligatory disclosure issues of foreign listed corporations (Article 20 of the Disclosure Regulation of KRX-KOSDAQ Market)
- Fair disclosure issues (Ch. 2, Section 3 of the Disclosure Regulation of KRX-KOSDAQ Market)
- Matters subject to the voluntary disclosure (Article 26 of the Disclosure Regulation of KRX-KOSDAQ Market)
- Matters equivalent to the required subjects as mentioned above
- Compliance with the Request for the Inquired Disclosure
- If a listed corporation is requested to make an inquired disclosure due to rumors, etc. in the morning, then it must reply by the afternoon of the same day. If the inquired disclosure is requested in the afternoon, then the listed corporation must reply by the morning of the day after. However, if a listed corporation is requested of an inquired disclosure related to stock trading situations or Article 37, Para. (2), Items 1~6 of the Disclosure Regulation of KRX-KOSDAQ Market then it must reply by the day after the request.