Secondary battery new business more than half of 'theme stocks' are false ... Financial Supervisory Service enters intensive inspection

Reporter Kim Jisun / approved : 2023-11-20 00:01:41
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[Alpha Biz=(Chicago) Reporter Kim Jisun] More than half of the listed companies that added theme industries such as secondary batteries for new business purposes have no current status of the project, so the Financial Supervisory Service plans to take stern measures, including notifying investigative agencies.

According to the Financial Supervisory Service on the 20th, 129 companies, more than half of the 233 listed companies that added seven major theme industries, including secondary batteries, for new business purposes, have no status of related projects so far.

The seven themes refer to ▲secondary batteries ▲ Metaverse ▲ Virtual Currency ▲ NFT ▲ Artificial Intelligence (AI) ▲ Robots ▲ Renewable energy ▲ New coronavirus infections (COVID-19).

Earlier in April, the FSS announced plans to disclose the progress of new projects and strengthen investigations on the promotion of false new businesses as theme industries on stock market issues were frequently added for business purposes.

Later, as a follow-up measure to the disclosure, the corporate disclosure form was revised to make it mandatory to state the progress of new projects in regular reports, and an analysis of the status of new projects was conducted on the 2023 semi-annual report in which the revision of the disclosure form was applied for the first time.

The Financial Supervisory Service judged that prompt follow-up measures and continuous management and supervision are needed to protect investors as a result of further review by related departments, including accounting, investigation and disclosure of 129 companies that did not have any business promotion.

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

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