SK Securities Acquires 4.32 Million Shares of MS Mutual Savings Bank for 39 Billion KRW

[Asia Economy Reporter Han Jinju] SK Securities announced on the 22nd that it will acquire 4,319,284 shares of MS Mutual Savings Bank, a mutual savings bank company, for approximately 39 billion KRW. After acquiring the shares, SK Securities' stake in MS Mutual Savings Bank will be 93.6%.

SK Securities explained, "This is to expand profits through entering the savings bank business, and the scheduled acquisition date will be determined depending on the approval of the Financial Services Commission."