Prosecutors have launched a compulsory investigation into allegations that a former president of Meritz Fire & Marine Insurance and other company executives profited from insider trading.
The FSC has referred former Meritz executives to prosecution on suspicion of insider trading before a merger announcement.
Homeplus addressed concerns about its liquidity problems, confirming that it has reached a rollover agreement with Meritz Securities.
The Korea Corporate Governance Improvement (KCGI) fund is acquiring Meritz Asset Management.
Korea JoongAng Daily Sitemap
