DB Insurance Invests 50 Billion KRW in DB Capital's Paid-in Capital Increase
[Asia Economy Reporter Lee Jung-yoon] DB Insurance announced on the 28th that it will invest 50 billion KRW by participating in the paid-in capital increase of its affiliate DB Capital.
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The purpose of the investment is to enhance the financial soundness and management efficiency of the subsidiary. The company stated, "This case involves participating in the paid-in capital increase by rights offering method following the resolution of DB Capital's paid-in capital increase."
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