Possible Aquisition of KIS & DIS
2004-04-14Submission of Non-Binding Bid Regarding the Possible Acquisition of Korea Investment & Securities or Daehan Investment & Securities
Kookmin Bank announced today that on April 12, 2004 it submitted a preliminary non-binding bid in consortium with a foreign investor to Morgan Stanley Dean Witter Ltd., the financial advisor for the proposed sale of Korea Investment & Securities and Daehan Investment & Securities. The preliminary non-binding bid is to be short-listed for the possible acquisition of Korea Investment & Securities or Daehan Investment & Securities, as previously disclosed on February 25, 2004.
Kookmin Bank will disclose further information, when it gets available.