KB Securities Signs Financial Advisory MOU with Techcross Water & Energy and Techcross Environmental Services
Establishing a Comprehensive Financial Advisory Network for Mergers and Acquisitions, Initial Public Offerings, and Corporate Governance Restructuring
[Asia Economy Reporter Oh Ju-yeon] KB Securities announced on the 9th that it signed a Memorandum of Understanding (MOU) for comprehensive financial advisory services with Techcross Water & Energy Co., Ltd. and Techcross Environmental Services Co., Ltd. at the KB Securities headquarters in Yeouido on the 8th.
On the 8th in Yeouido, Seoul, KB Securities signed an MOU with Techcross Water & Energy and Techcross Environmental Services, with Kim Seong-hyun, CEO of KB Securities (left), and Kim Jeong-cheol, General CEO of Techcross Water & Energy and Techcross Environmental Services, taking a commemorative photo.
View original imageThe MOU signing ceremony was held with the attendance of Kim Sung-hyun, CEO of KB Securities, and Kim Jung-chul, General CEO of Techcross Water & Energy and Techcross Environmental Services, along with other related officials.
Techcross Water & Energy and Techcross Environmental Services are comprehensive environmental companies engaged in water treatment businesses such as supplying industrial water including pure and ultrapure water, wastewater treatment, and sewage reuse, as well as waste treatment and energy recovery, air pollution prevention projects, and new renewable energy businesses including ESS, covering business development, design, construction, and operation.
Through this MOU, KB Securities plans to jointly lead and build a financial advisory network with Techcross Water & Energy and Techcross Environmental Services in areas including ▲ mergers and acquisitions (M&A) and strategic investments ▲ initial public offerings (IPO) ▲ corporate governance restructuring ▲ project finance businesses.
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A KB Securities official said, "This MOU signing was proactively led by the CIB Center, our nationwide corporate finance coverage organization," adding, "We expect this to be a good partnership that provides comprehensive financial services throughout the entire lifecycle of our clients and contributes to establishing a global comprehensive environmental company position."
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