Rumor on Purchase of Daewoo Securities
2001-11-28The Korea Stock Exchange requested Kookmin Bank to confirm the rumor on Kookmin Bank’s takeover of Daewoo Securities, which has been rampant in the investment society.
On November 27, 2001, Kookmin Bank officially announced that the rumor was not true. There has been no discussion or negotiation on purchase of Daewoo Securities.