Tuesday, February 28, 2017

KB Securities, Hyundai Asset Sale Promotion



[Korea goyounghun financial newspaper reporter] KB Securities and promoting the sale of Modern Asset Management.

According to KB Financial Investment Securities industry took 28 days to dispose of the direction of the recent modern asset management. Modern underwriting securities and then reborn as large securities firms KB 4 trillion of equity capital are operating in parallel, but the review of KB Asset Management and Modern Asset Management finally decided to sell. Sale organizers reportedly have been selected Samjung KPMG.

Former Hyundai affiliates of Hyundai Securities Asset Management is a subsidiary of KB securities dwaeteumyeo due to the acquisition of KB Financial Group Hyundai Securities has become the company grandchildren.

KB Securities official said, "but review the various options with regard to modern asset management companies operating within the current group strategy had yet to be finalized Rajin" and "will decide within the market situation, taking into account a comprehensive synergy effects as soon as possible."



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