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July 19, 2018

No progress in Kyobo Securities' largest stakeholder’s stake sales plan

PUBLISHED : July 11, 2018 - 11:16

UPDATED : July 11, 2018 - 11:16

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[DISCLOSURE] Kyobo Securities (030610) reaffirmed that its largest stakeholder Kyobo Life is considering a number of schemes including maintaining its stake, seeking to establish a joint venture and selling its stake at a customary level, but added that there has been no progress, in a statement released on July 11 in response to Korea Exchange’s inquiry regarding media reports.  

By Hwang You-mee (glamazon@heraldcorp.com)

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