Additional Investment in Kookmin Venture Capital(Apr. 10, 2001)
2002-04-10On April 9, 2002, the Management Council of Kookmin Bank has approved and ratified an additional investment of 50 billion Won in Kookmin Venture Capital (the “Company”), in which the Bank owned 94.11% of the outstanding share capital. This will bring Kookmin Bank’s total investment in the Company to 94 billion Won.
The purpose of this investment is to facilitate the proposed merger between the Company and Kookmin Investment Co., Ltd., which is another venture capital company owned by the Bank.
The Management Council has also approved the proposed merger and any further decisions in this regard will be disclosed as soon as applicable