Accelerating Preparations for the Opening of Gwanggyo and Gangdong Villages
KB Life announced on June 2 that it has carried out a capital increase of 50 billion KRW to support the business expansion of its care business subsidiary, KB Golden Life Care, and to invest in new businesses.
KB Life explained that this capital increase is a strategic investment not only to expand the infrastructure of care facilities but also to lay the foundation for future growth engines and to solidify its leading position in the care market.
The secured funds will be used to build future-oriented services based on ICT, including the development of an integrated care system and the advancement of information security networks.
A KB Life representative said, "To proactively respond to the aging society, we plan to expand our infrastructure and strengthen our digital-based senior care capabilities."
KB Golden Life Care currently operates a total of seven facilities, including Wirye Village, Seocho Village, Eunpyeong Village, Pyeongchang County, and daycare centers in Gangdong, Wirye, and Eunpyeong.
In the second half of the year, the company is accepting applications for admission ahead of the opening of new care facilities, including Gwanggyo Village (180 residents) and Gangdong Village (144 residents).
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