FSS Launches Investigation on Illegal Transactions of LG Welfare Foundation CEO Koo Yeon-kyung
Kim SangJin
letyou@alphabiz.co.kr | 2024-06-18 03:13:53
(Photo= Yonhap news)
[Alpha Biz= Reporter Kim Sangjin] The Financial Supervisory Service has launched an investigation into Koo Yeon-kyung, head of the LG Welfare Foundation, who is suspected of using undisclosed information. Koo is the first daughter of former LG Group Chairman Koo Bon-moo. First, it was reported that the investigation was completed by summoning officials.
According to the financial investment industry on the 18th, the FSS recently summoned A, who serves as another non-executive director (registered executive) of a KOSDAQ-listed company. It is said to be a matter related to the acquisition of M company shares by the former CEO.
In April last year, Company B raised 50 billion won from Blue Run Ventures (BRV) Capital Management through a third-party paid-in capital increase. Shares of M company once jumped to 50,000 won after news of the paid-in capital increase was made public at the end of March last year at around 16,000 won per share.
Koo is said to have personally acquired 30,000 shares of M company. Yoon Kwan, the husband of the former CEO, is the chief investment officer (CIO) of BRV Capital Management. This has raised suspicions of the use of undisclosed information.
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