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The Korea Herald
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THE INVESTOR
March 29, 2024

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Mirae Asset Daewoo to establish holding company in US

  • PUBLISHED :February 27, 2018 - 09:18
  • UPDATED :February 27, 2018 - 09:18
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[DISCLOSURE] Mirae Asset Daewoo announced on Feb. 26 that it has decided to establish Mirae Asset Securities Holdings (USA), a local holding company in the US.

As part of the transformation, it will sell 52,000 shares of its US subsidiary Mirae Asset Securities (USA) at 300.7 billion won (US$280.92 million). This amounts to 4.07 percent of its equity capital.

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

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