View of Daishin Securities office building. (Photo=Daishin Securities)

 

[Alpha Biz= Reporter Kim Sangjin] Daishin Securities has decided to discontinue its negotiations with NH-Amundi Asset Management regarding the sale of its headquarters building, Daishin343, located in Eulji-ro, Seoul. The company will now seek other potential buyers for the property.

The negotiations with NH-Amundi Asset Management were slow and did not meet the expected timeline. Previously, Daishin Securities had also failed to reach an agreement with IGIS Asset Management, the preferred bidder in October of last year, due to differences in opinion, leading to the expiration of their contract.

The building was initially expected to be sold for approximately 660 billion won. Daishin Securities is aiming for a comprehensive financial investment business license by the second half of this year and needs to meet the 3 trillion won equity requirement. As of the end of June, Daishin Securities has surpassed this requirement with an equity capital of 3.1122 trillion won.

 

 

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