Kakao Pay Acquires Kakao Pay Securities Shares for 88.1 Billion KRW
[Asia Economy Reporter Kim Heung-soon] Kakao Pay announced that it will acquire 1,048,221 shares of its subsidiary Kakao Pay Securities for approximately 88.1 billion KRW. After acquiring the shares, Kakao Pay's stake in Kakao Pay Securities will be 60%. The scheduled date for the stock acquisition is the 29th. Kakao Pay stated that the purpose of acquiring the shares is "operating funds for Kakao Pay Securities."
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