Changes in Affiliates
2008-08-06On August 5, 2008, Kookmin Bank disclosed that it had established a new affiliated company, NPS-KBIR PEF No. 1. The details are as follows:
1. Description of change: Addition of a new affiliate
2. Information regarding the new affiliate:
- Company name: NPS-KBIC PEF No. 1
- Primary area of business: Private equity investments pursuant to the Indirect Investment Asset Management Business Act of Korea
3. Total number of affilliated companies after addition of new affiliate: 11
4. Date of change: August 4, 2008
5. Other relevant information:
- NPS-KBIC PEF No. 1 (“NPS-KBIC”) is a private equity fund established as a limited partnership pursuant to the Indirect Investment Asset Management Business Act of Korea primarily to engage in control-oriented investments in the securities of other companies.
- KB Investment Co., Ltd., an affiliate of Kookmin Bank, is the general partner of, and holds a 2.56% stake in, NPS-KBIC.
- The total number of affiliated companies provided above excludes companies that are undergoing liquidation or bankruptcy proceedings.
- The date of change provided above is the date on which KB Investment made its capital contribution.