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  • Hyundai Securities transfers entire stake of its own to KB Financial Group
    Hyundai Securities transfers entire stake of its own to KB Financial Group
    Hyundai Securities (003450) will transfer entire stake of its own to KB Financial Group for 107.1 billion won (US$93.4 million), it announced on June 23. When the transfer of 16,715,870 stocks (7.06 percent) is completed on June 24, the financial group’s stake in the securities firm will increase to 29.62 percent.
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Hyundai Securities transfers entire stake of its own to KB Financial Group

June 24, 2016 - 08:23 By 황유미
[DISCLOSURE] Hyundai Securities (003450) will transfer entire stake of its own to KB Financial Group for 107.1 billion won (US$93.4 million), it announced on June 23. When the transfer of 16,715,870 stocks (7.06 percent) is completed on June 24, the financial group’s stake in the securities firm will increase to 29.62 percent.
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