Mirae Asset Securities to Invest KRW 499.4 Billion in Affiliate Fund for Proprietary Investment Returns
Transaction Overview: Mirae Asset Securities decided to acquire beneficiary certificates of 'Mirae Asset Apex General Private Investment Trust' managed by affiliate Mirae Asset Asset Management for approximately KRW 499.4 billion (based on USD 330M at exchange rate 1,513.3 won/$)
Transaction Conditions: Board resolution on June 1, 2026, with all 4 outside directors and auditor present. Fund term is 4 years from establishment, maturity expected in June 2030
Investment Variability: Actual transaction amount may vary due to competition and allocation decisions by local arranger, and final amount may change with exchange rate fluctuations
Shareholder Impact Assessment: This is a proprietary investment using equity capital without fundraising or dilution, thus limited short-term impact on shareholder value. Positive effect expected if investment returns improve in long term
[AI Summary]This disclosure concerns a proprietary investment in an affiliate fund, which is neutral in nature from a shareholder perspective, not clearly positive or negative. However, the concentration of KRW 499.4 billion in a single private fund warrants attention to future profitability and risk management, considering it is a local investment participation beyond simple capital deployment.
KOSPI Filing Information
Filing: Securities Transactions with Related Parties