'OK Savings Banks' Afro group, BEST underwriting selection of preferred bidder

The [Korea goyounghun financial newspaper reporter] OK Afro-service group that owns the Savings Bank, and rush cache was selected as the preferred bidder for the best investment securities.

According to the 17th financial investment industry, LS Networks has selected fro the group as the best investment securities related to sale of the preferred bidder. LS Network holds a 84.6% stake in the Best Investment through the PEF management company G & A.

Bonipchal progressed in the last 10 days there were involved such as aprotinin group, Cape Investment Securities, Investments Wales.

Sold shares gwasa Citigroup Global Market Securities Afro groups known to have proposed the highest price accordingly has conducted an auction call type bids (progressive Dill) to give priority negotiation rights to investors, called the high price was selected as woohyeop subjects.

But there are variables, it is expected to serve as a major shareholder eligibility audits of financial authorities remain. Prior Afro groups and julyigetda the lenders assets with the acquisition of savings banks, but OK sparking controversy that violates the Terms of the acquisition.

Aprotinin group had promised in 2014, Yuzhou Narae For a five-year loan balance on the Finance Committee with the acquisition of savings banks to reduce more than 40%. However, the younger brother of President Choi Yun operates a credit lenders hello and increasing the asset was tricky management is critical.

The Afro-state group is said it would withdraw from all the lenders until 2024.



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