News & Event
- Home
- News
- News & Event
IL Conus, which relocated its HQ to Jeju, became listed on KONEX
The first case of a company going public after relocating to Jeju under the 8th elected Jeju provincial government has been announced.
On November 18th, Jeju-do stated that IL Conus, a company that received support from Jeju for listing, was listed on the KONEX market at the Korea Exchange in Yeouido, Seoul.
KONEX is a starting point for small and venture companies to grow into KOSDAQ and KOSPI-listed companies, and Jeju explained that this proves the province's investment ecosystem is capable of nurturing advanced companies.
IL Conus is a company that provides industrial sensor solutions based on wireless sensor-based Internet of Things (IoT) manufacturing technology.
The company signed an investment agreement with Jeju in September and relocated its headquarters to Jeju. After the listing, it plans to expand employment for local residents and increase regional investments.
Jeju-do has been implementing the "Listed Company Fostering Support Program" since 2023 to achieve the key pledge of fostering and attracting 20 listed companies. They have also established the "Shining Jeju Listed Company Fostering Fund" to promote the listing and relocation of promising companies.
Currently, two companies in Jeju are preparing for a KONEX listing in the first half of next year, and two KONEX companies and one KOSDAQ company from outside Jeju are considering relocating to Jeju, according to the provincinal government.
An official from Jeju-do stated, "The increase in listed companies is expected to have a positive ripple effect on Jeju’s economy, bringing in talented people, expanding the network of cooperating companies, and attracting investment funds."
atoz@yna.co.kr
Source Text
Date
2025.11.24
Views
41
According to Yonhap News,
The first case of a company going public after relocating to Jeju under the 8th elected Jeju provincial government has been announced.
On November 18th, Jeju-do stated that IL Conus, a company that received support from Jeju for listing, was listed on the KONEX market at the Korea Exchange in Yeouido, Seoul.
KONEX is a starting point for small and venture companies to grow into KOSDAQ and KOSPI-listed companies, and Jeju explained that this proves the province's investment ecosystem is capable of nurturing advanced companies.
IL Conus is a company that provides industrial sensor solutions based on wireless sensor-based Internet of Things (IoT) manufacturing technology.
The company signed an investment agreement with Jeju in September and relocated its headquarters to Jeju. After the listing, it plans to expand employment for local residents and increase regional investments.
Jeju-do has been implementing the "Listed Company Fostering Support Program" since 2023 to achieve the key pledge of fostering and attracting 20 listed companies. They have also established the "Shining Jeju Listed Company Fostering Fund" to promote the listing and relocation of promising companies.
Currently, two companies in Jeju are preparing for a KONEX listing in the first half of next year, and two KONEX companies and one KOSDAQ company from outside Jeju are considering relocating to Jeju, according to the provincinal government.
An official from Jeju-do stated, "The increase in listed companies is expected to have a positive ripple effect on Jeju’s economy, bringing in talented people, expanding the network of cooperating companies, and attracting investment funds."
atoz@yna.co.kr
Source Text
Copyrights Yonhap News. All Rights Reserved.
Reprint or redistribution without permission is prohibited.
Source: Yonhap News (November 18, 2025)