Kookmin Bank Invests in Private Fund for Credit Card Bond(Apr.10, 2003)
2003-04-11On April 10, 2003, Kookmin Bank announced that it has decided to invest in the Private Fund for Credit Card Bond (tentatively called).
Fund Name: Private Fund for Credit Card Bond
Paid-in Capital: 5,600 billion Won
ssued and outstanding shares: 5,600 billion shares
Purpose of the Fund: To stabilize the financial market by relieving liquidity issues in credit card industry
Amount of Investment: 548.9 billion Won
Number of shares owned: 548.9 billion shares
Kookmin Bank’s stake in the fund: 9.8%
The paid-in capital and the total number of shares of the fund are subject to change. If they are changed, the percentage of the Kookmin Bank’s stake will also be changed accordingly.