[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)