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FSS Launches Investigation on Illegal Transactions of LG Welfare Foundation CEO Koo Yeon-kyung

Business / Kim SangJin / 06/18/2024 03:13 AM

(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.

 

 

 

AlphaBIZ Kim SangJin(letyou@alphabiz.co.kr)

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