Tuesday, March 21, 2017

Mirae Asset, Kiwoom, acquisitions, asset management ... Modern Review 22 days of Intent Deadline



[Korea goyounghun financial newspaper reporter] going to take 20 yeogot this Prospectus (IM) and Hyundai Asset Management and Mirae Asset insujeon the Kiwoom is expected to be sold in the box office.

According to investment bank (IB) industry, its parent company, KB 21 days is expected to proceed with the sale of securities received the LOI modern asset management for investors interested in acquisitions that have up to 22 days. Organizer of the sale Samjung KPMG, which had published the announcement of the sale of modern asset management, etc. newspaper earlier this month. Sale price, which is 500 KB Securities hopes billion won.

KB distressed securities, while the Action on the two business areas overlap with its subsidiaries following the modern Savings Bank was sold by turning the direction of modern asset management. The sale is an open bidding approach to the 6 million shares corresponding to 100% of the outstanding shares.

Modern and contemporary Asset Management Savings Bank as a modern securities acquired in KB Financial Group as a 100% subsidiary of Hyundai Securities KB of these securities Telegraph Company was incorporated as a company grandchildren. Naeteotda two months two days, the announcement of the sale of modern savings bank.

Industry insiders "of the big modern asset management not to sell big positive," said explained that "the amount is not paid to participate in the show insujeon elements".

The current Mirae Asset Securities and Kiwoom, OK Rush and cache and savings banks went under the famous Afro-service group IM. And review them to private equity, personal asset, financial consortia, two financial institutions, will promote a variety of strategic investors (SI), including financial institutions, including foreign.

Established in 2008, Hyundai Asset Management is based on total assets of 32.1 billion won the end of 2015, capital scale is 30 billion won. Years based on assets under management (AUM) 2016 corresponds to 7.6 trillion won in the small criminal, but it has strengths in alternative investments such as real estate. Alternative investment assets of a 2-trillion.

In the case of Mirae Asset Global Investments is observed that the milking strategies in the area which can be existing energy infrastructure asset management, asset management synergies and multi-asset, depending on alternative investment strategies for strengthening Chairman Park Hyeon Joo. Despite their alternative investment sector managers have a commitment to business expansion it is also proceeding with professionalism.

Kiwoom also invest investment Kiwoom Asset Management is one of the foreign capital nyeonsae alternative asset size to 1.2 trillion won and plans to strengthen the alternative investment sector.

Samjung KPMG said it will proceed with due diligence and bonipchal to select the bid of those eligible have submitted LOI until tomorrow. For the DGB Financial Group showed interest in the acquisition of modern asset management acquisition LS Asset Management last year, and there seems to be not resist stepping into this insujeon the DGB Asset Management to launch sikyeotgi.

Last year, total assets and net domestic asset management companies had a record maximum. In particular, alternative investments sector between the management company's revenues show a polarization property, a modern asset management in the competitiveness of alternative investing has merit.

Bar pyeonghan has previously said yihyeonseung modern asset management company CEO also has an excellent long-term performance of stocks and bonds in the competitive part of the field of real estate and alternative investments.

The industry is reported to be giving empowering the sale of bidding has been repealed one year limited Group Policy Management Company 1. There is also a prospect even if Daechi last year's acquisition of Golden Bridge Academy instructor Asset Management to act as a variable participation of private financiers large sums.



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