Creating Investment

KRX IR Expo ends with great success with some 25,000 viewers

Korea Exchange concluded a three-day run of its KRX IR Expo 2005 from November 4-6 at COEX in southern Seoul, which was the first large-scale exposition for business investment in the country.
Deputy Prime Minister Han Duck-soo delivered a keynote speech at the opening of the event on November 4, which was attended by many government and related institution officials including institutional investors both domestic and foreign, CEOs of listed firms, and CEOs of financial institutions.
DPM Han said the first IR Expo staged by KRX is an opportunity for business firms to give opportunities for investors to make investments and investors and buyers look for businesses to invest and ignite vitality to our economy. He said he would like to look back on economic results under the participatory government and talk about the government strategies to put the country a notch up on its way to become an advanced country. The financial market has become stable after the government overcame various market uncertainties and it has been trying to privatize financial institutions as fast as it can.
In the area of the private business sector, too, the government has been doing its utmost to make management transparent and fair with reforms in accounting systems and introducing class-action suits with the resulting improvement in corporate profitability and financial structure. As a result of these efforts, international credit evaluation firms such as S & P and Fitch upgraded Korean credit standing, boosting overseas confidence in Korea and in the process, Korea was able to climb the order of national competitiveness by a large margin as determined by WEF and IMF. The stock market, which expanded by about 30 percent, has been displaying confidence in our economy by major economic players both at home and abroad. With such robust confidence in out economy as a base, the government will try to create an environment conducive to doing business by eliminating various regulations barring investment and creating new demand for investment in such areas as new corporate cities and specialized regional development districts.
Lee Young-tak, chairman and CEO of the Korea Exchange Inc., said the event was co-hosted by the KRX, KBS, and eight local economic newspapers to provide a communication channel between investors and companies listed on the KRX, thereby helping them benefit from the market. The event was comprised of two parts: Global investors'conference and IR Expo. The Global Investors'Conference, which was sponsored by Samsung Securities and held at Seoul Grand Hyatt Hotel November 2-3, focused on investment consultations. During the event, senior management and IR representatives from about 60 leading companies provided up-to-date information and in-depth information on their respective companies through one-on-one meetings and CEO presentation.
The three-day IR Expo, which was held after the Global Investors Conference at COEX Atlantic Hall and Conference Center, not only introduced the products and services offered by around 180 KRX-listed firms, but also facilitated the investment consultations.
In the afternoon of the opening day a number of special events held including Investor Relations activities for newly listed firms, one-on-one meeting for institutional investors both domestic and foreign and IR activities by various participating firms in the event.
During the weekend, a variety of programs for general public and students was provided, in addition to IR activities, so that family participants would be able to enjoy them as they included an investor education academy, financial class for children and a coupon event, in addition to investment information.
The Investor Education Academy featured altogether 23 lectures on various subjects including one by lawyer Koh Sung-dok, who is an ambassador of the expo, entitled, "Now is the age of stock,"followed by other lecturers such as President Woo Jae-ryong of Korea Fund Analysis. He spoke on the subject of "Fund Investment That Fits Me."

Lee Young-tak, chairman and CEO of the Korea Exchange Inc.

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