It is expected to be incorporated into the [South Korea gimmingyeong financial newspaper reporter] KB Insurance is a wholly owned subsidiary of KB Financial Group. KB Financial Group is a minority shareholder backlash planned, but at the same time promote the public tender and the stock exchange is unlikely rest stop.
KB Financial Group today announced the decision after a wholly owned subsidiary incorporated promote good public tender for non-life insurance subsidiary, KB and KB Capital common stock through the 14th Board of Directors through a stock exchange for the remaining shares. The current price is 28,000 won, but bribe a public plan to 33,000 won.
39.81% of the shares of KB Current Insurance stock-listed company has the KB Financial Group reserves. KB Financial Group Executive to the tender offer for the entire share miboyu decided to come forward to ensure a 100% stake.
The respond for the remaining shares not carried out a stock exchange, as the case last year, Hyundai Securities.
KB Financial Group official said, KB Financial Group is the best choice considering the positions of stakeholders, including raising the corporate value and shareholders'
KB opposition in non-life insurance minority shareholder patron meeting last month held shareholders' meeting and raised questions about the major shareholder of KB shares dramatically increasing treasury stock sale gave a third party allocation capital increase the financial holding in Sim Jaeho, bakhyeonjin outside directors re-elected He expressed their doctor. It only geosugi role and undermine the value of the company or to work on those responsible for the re-election shareholder rights infringement is why does wrong.
KB Insurance minority shareholder meeting is expected to soon announce its position on this.
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