KAMCO Establishes 'Corporate Linkage Support Coordination Council' to Promote Business Normalization

[Asia Economy Reporter Kwangho Lee] Korea Asset Management Corporation (KAMCO) announced on the 19th that it will establish and operate the 'Corporate Linkage Support Coordination Council' to enhance efficient decision-making and execution capabilities for supporting small and medium-sized rehabilitation companies.

KAMCO operates various programs to help normalize the management of companies showing signs of insolvency and rehabilitation companies, including attracting private investment through the Corporate Structural Innovation Support Center, providing new funds to rehabilitation companies, supporting asset purchase and lease, movable collateral financing support, and secured bond issuance support.

The newly established council aims to link the support programs operated by KAMCO to find suitable programs tailored to individual company situations, comprehensively review support measures, increase synergy effects, and assist in early management normalization.

The council consists of the head of KAMCO's Corporate Support Headquarters (chairperson) and five department heads from corporate support divisions. Going forward, the council will focus on discussing cases where linkage support is necessary and where support effects are significant.

Additionally, KAMCO plans to reorganize the On-Giup membership system to activate linkage support and expand financial advisory support for corporate members.

Kim Gwisoo, head of KAMCO's Corporate Support Headquarters, said, "With the establishment of this council, we will strive to ensure uninterrupted corporate support from investment attraction to funding support," adding, "We will continue to improve the system to prevent blind spots through meticulous support."

This content was produced with the assistance of AI translation services.