Mirae Asset Financial Group Chairman Park Hyeon-joo has decided to donate 25 percent of his stake in Mirae Asset Consulting to the group's charity foundation in phases, the company said Tuesday. The stock will be gifted to the Mirae Asset Hope Foundation, a charitable entity established in 1998 to nurture and help the younger generation, from college students to children and teenagers, to gain a foothold in soci.
Mirae Asset Financial Group maintains it is innocent after a recent Seoul court ruling that the financial conglomerate violated a local fair trade act by reaping undue profits while managing a golf course and luxury hotel.
The Fair Trade Commission (FTC) has won a lawsuit filed by Mirae Asset Financial Group, which sought to overturn corrective measures and fines imposed on the company.
Some of the largest South Korean securities firms are planning to launch a virtual asset exchange in H1 2023, led by the Financial Investment Association.