Korea Exchange (KRX) announced on March 22 that 13 KOSPI-listed and over 40 KOSDAQ-listed companies failed to submit their audit reports as of that day, a total of 18 companies received disclaimers of opinion, and four received qualified opinions.Those in the securities industry point out that this
The Financial Supervisory Service announced on August 13 that it analyzed auditors’ opinions on 2,081 listed corporations’ financial statements for 2016 and the ratio of clean opinions was 99.0%, down 0.6 percentage points from a year ago.The number of unqualified opinions rose by 13 to 21, divided
China Ocean Resources was forced to be virtually delisted from the Seoul bourse as the company received a disclaimer of opinion even in a re-audit report.As the delisting of Chinese companies was repeated, the Korea Exchange suddenly switched to a prudent mode about listing Chinese companies. The Ko