View of Daishin Securities headquarters building (photo = Daishin Securities).

 

[Alpha Biz=(Chicago) Reporter Paul Lee] Daishin Securities achieved 3 trillion won in equity capital, a condition for applying for a comprehensive financial investment operator, through a paid-in capital increase of 230 billion won.

Daishin Securities announced on the 21st that it has decided to raise capital by issuing 4,372,618 redeemable convertible preferred shares (RCPS) to raise 230 billion won in operating funds.

With the issuance of the RCPS, Daishin Securities' equity capital exceeded 3 trillion won. Securities firms must meet the requirements for equity capital of 3 trillion won to apply for the designation of a final investment company.

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