Mirae Asset Daewoo Decides to Fully Compensate Lime Trade Finance Fund Losses
[Asia Economy Reporter Song Hwajeong] Mirae Asset Daewoo has decided to fully compensate for the Lime Asset Management trade finance fund.
On the 27th, Mirae Asset Daewoo announced that it decided to accept the recommendation of the Financial Dispute Mediation Committee (hereinafter referred to as the Mediation Committee) of the Financial Supervisory Service regarding the sale of Lime Asset Management's trade fund through its board of directors.
Accordingly, Mirae Asset Daewoo plans to return the entire sales amount of 9.1 billion KRW to investors in accordance with the Mediation Committee's recommendation.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
Mirae Asset Daewoo stated, "This decision was made after careful consideration, prioritizing proactive customer protection measures," and added, "We will take appropriate legal actions such as exercising subrogation rights through future damage compensation lawsuits, referring to the contents specified in the Mediation Committee's mediation decision document and the ongoing trials of the asset management company and the securities firms providing Prime Brokerage Services (PBS)."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.