Kiwoom Securities Co., Ltd. (039490) signed a venture investment agreement with Mirae Science Technology Holdings. Yonhap reported the agreement on Wednesday.
Four Korean science and technology universities established the holding company. The parties agreed to expand financial cooperation and venture capital investment. They signed the agreement on Tuesday. The supplied candidate text did not state a fund size, investment schedule or list of target companies.
The agreement links the brokerage with a university-backed technology holding company. It was signed on September 8. The company's market capitalisation was ₩7.2 trillion at Wednesday's close.
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| Symbol | Last Price |
|---|---|
| 039490Kiwoom Securities Co., Ltd. | ₩273,500 +0.2% |