[Alpha Biz=(Chicago) Reporter Paul Lee] The sale of Daishin Securities and IGIS Asset Management's headquarters building has been canceled.

Daishin Securities signed a memorandum of understanding (MOU) by selecting IGIS Asset Management as the preferred bidder for the sale of its headquarters building, but announced on the 23rd that it was terminated due to the expiration of the contract period.

Daishin Securities signed an MOU with IGIS Asset Management in August to select a preferred bidder for the sale of its office building. It came a month after the company pushed for the sale of its office building to meet the requirements for a comprehensive financial investment operator by surpassing its equity capital of 3 trillion won by the end of this year.

Daishin Securities plans to continue selling its office building.

 

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