The Technology Guarantee Fund has partnered with Yuamco to support the normalization of restructuring companies.
On October 12, the Technology Guarantee Fund announced that it signed a "Technology Evaluation Agreement for the Rebound of Restructuring Companies" with Yuamco. This agreement aims to enhance the normalization potential of restructuring companies by linking the Fund's specialized technology evaluations with financial analysis.
Under the agreement, Yuamco will identify companies in need of technology evaluation among those undergoing restructuring and those targeted for debt acquisition, and will recommend them to the Fund while sharing necessary company information. The Fund will conduct specialized technology evaluations for the recommended companies and provide consulting support based on the evaluation results.
The Fund will deliver technology evaluation results that analyze a company's technological, business, rights, and intellectual property competitiveness, enabling a comprehensive review of the normalization potential alongside financial analysis.
This agreement is expected to reflect the technological capabilities of companies experiencing temporary management crises in restructuring assessments, thereby expanding opportunities for outstanding companies to rebound.
Previously, the Fund had signed a memorandum of understanding with the Seoul Bankruptcy Court to identify companies with high potential for recovery and connect them with financial support.
Kwon Hyung-taek, Chairman of the Technology Guarantee Fund, stated, "We will continue to expand our cooperation with the bankruptcy court to support the successful recovery of restructuring companies and serve as a strong pillar for crisis-hit companies in need of financial assistance to make a comeback."
* This article has been translated by AI.
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