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Mirae Asset Daewoo's venture capital unit seeks listing on KOSDAQ

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Mirae Asset Daewoo's venture capital unit seeks listing on KOSDAQ

Mirae Asset Venture Investment Co. Ltd., a venture capital financing and private equity unit of Mirae Asset Daewoo Co. Ltd., has filed an application to go public on the KOSDAQ market, the Korea Exchange said Sept. 3.

According to the exchange, Mirae Asset Venture Investment earned a net income of 6.1 billion won and a revenue of 19.8 billion won in 2017.

KB Securities Co. Ltd. is the lead manager in the company's future IPO.

As of Sept. 3, US$1 was equivalent to 1,111.16 South Korean won.