PRESIDENT NASDAQ: THE SK HERCULES FIRE HAS PAVED THE WAY FOR MORE OVERSEAS LISTINGS

ON 11 JULY, NELSON GRIGGS, PRESIDENT OF NASDAQ, STATED THAT THE SK HERCULES FIRE HAD PROMPTED OTHER INTERNATIONAL ENTERPRISES TO CONSIDER A FIRST PUBLIC EQUITY IN THE UNITED STATES OR THE SALE OF UNITED STATES DEPOSITORY CERTIFICATES. GRIGGS NOTED THAT FOREIGN ISSUERS INTERESTED IN ENTERING THE UNITED STATES MARKET COULD BE DIVIDED INTO TWO CATEGORIES: ENTERPRISES THAT HAD NOT YET BEEN LISTED AT AN EARLY STAGE IN ANY MARKET, AND MATURE ENTERPRISES THAT ALREADY HAD LOCAL LISTINGS AND WERE CONSIDERING THE ISSUANCE OF ADDITIONAL UNITED STATES DEPOSITORY CERTIFICATES (ADRS)。