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SBI Holdings Inc Acquires Shares of Hyundai Swiss Savings Bank


Wednesday, 6 Feb 2013 11:30pm EST 

SBI Holdings Inc announced that it has decided to acquire up to 38,820,002 shares of Hyundai Swiss Ⅰ Savings Bank, for up to KRW 194,100,010,000, as well as up to 8,680,002 shares of Hyundai Swiss Ⅱ Savings Bank, for up to KRW 43,400,010,000, on March 25, 2013 and March 26, 2013, respectively. After the transaction, SBI Holdings will hold 40,073,999 shares (89.4% stake) of Hyundai Swiss Ⅰ Savings Bank, up from 1,253,997 shares (20.9% stake). SBI Holdings will hold 11,680,002 shares (94.0% stake) of Hyundai Swiss Ⅰ Savings Bank, up from 0 shares (0% stake). 

Company Quote

1235.0
2.0 +0.16%
28 Jul 2014