Monday, April 24, 2017

Instead, Hyundai, Mirae Asset Kiwoom bonipchal participate ... Box-office success



[Goyounghun financial newspaper reporter Korea] was closed the sale of modern asset management bonipchal. Bonipchal day, the seven companies, including Mirae Asset Daishin Securities, Kiwoom were involved.

24 days, according to the financial investment industry, there are seven companies of the Securities and Kiwoom Securities, Mirae Asset Global Investments, including Keystone PE participation instead of finishing the day 15:00 bonipchal modern asset management and was a box-office sales.

Modern Asset Management is a 100% subsidiary of KB securities, due to efficiency issues in addition to other subsidiaries of KB Asset Management, KB Financial naemyeo the sale announcement early last month embarked on the task. Organizer was sold prior to Samjung KPMG has submitted a preliminary bid instead Securities and Mirae Asset Management, Kiwoom, service groups, such as Afro-ten place this LOI.

Conveys that presents a higher price rather than current securities In the industry there is a strong candidate jeomchyeo. Side of Samjung KPMG KB securities and sold Sponsor plans to select a preferred bidder in the week.

Established in 2008, Hyundai Asset Management late last year, based on equity has a 31 billion won, KB Financial side won a price of about 500 million. Last year, sales revenue 10.8 billion won, operating profit rose to 19 million yuan, net profit 800 million won.

Modern Asset Management has a reputation management company that specializes in alternative investments such as real estate area. Assets under management (AUM) is the special assets about double 2 trillion won to 7.6 trillion won Estate, about 800 billion won.

Mirae Asset Financial Group, despite having a professional of multi-asset asset management and energy infrastructure asset management company operating in accordance with the alternative investment expansion plans jumped into modern Asset Management argument.

If instead of financial groups it may instead pay a strong desire to alternative investment fund managers for poor performance and explore various business of asset management. Kiwoom also acquired the last time we invest Asset Management in 2014 and has expanded the investment subsidiary of Kiwoom Asset Management. If successful, the argument can climb to the top five industry.

The Afro Group has abandoned a bid to focus on the best investment underwriting.



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