L&F reviewing transfer listing on the KOSPI

Reporter Kim Jisun / approved : 2023-07-20 01:30:45
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[Alpha Biz=(Chicago) Reporter Kim Jisun] Along with Ecopro, L&F, the fourth-largest KOSDAQ market capitalization company, which was considered a leading stock of secondary battery cathode materials, is considering relocating to KOSPI.

According to the financial investment industry on the 19th, L&F said in response to the Korea Exchange's request for inquiry disclosure, "We are considering the previous listing to the KOSPI, but nothing has been confirmed."

Earlier, L&F was reported to have been conducting a practical review of the relocation to KOSPI with major domestic securities firms.

The industry expects that if L&F moves to KOSPI, the inflow of funds from foreigners and institutional investors will increase.

On the other hand, L&F shares closed at 279,000 won, up 17.47% on the news of the KOSPI's listing review.

 

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

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