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Korea M&A Corporation
Nation’s Largest Bank Close to Taking Over Hannuri Securities for 280 Billion Won By Na Jeong-ju Staff Reporter Kookmin Bank has agreed to buy Hannuri Investment & Securities, a small brokerage firm based in Seoul, for some 280 billion won ($309 million) with its largest shareholder, J.D.K Investment Corp. of the United States, sources close to the deal said Monday. Kookmin will take over the in..
When Park Hyeon-joo, chairman of Mirae Asset Financial Group, introduced South Korea's first retail mutual fund in December 1998, the country was mired in the Asian financial crisis. Only a year had passed since the government had agreed to bring strict discipline to its financial sector and rein in profligate industrial conglomerates, in return for a multibillion-dollar bailout from the Interna..
Article 1 For the purpose of maintaining the order of the securities market, protecting the legitimate rights and interests of investors as well as the public interest, and promoting the sound and stable development of the securities market, these Provisions are formulated in light of such laws and administrative regulations as the Securities Law of the People's Republic of China. Article 2 Chin..
Law of the People's Republic of China on Funds for Investment in Securities(Adopted at the 5th Meeting of the Standing Committee of the Tenth National People's Congress on October28, 2003)ContentsChapter IGeneral ProvisionsChapter IIFund ManagersChapter IIIFund CustodiansChapter IVRaising of CapitalChapter VTrading of Fund UnitsChapter VISubscription and Redemption of Fund UnitsChapter VIIOperat..