Search results for MBK
Finance
Meritz Financial considers 100 billion won support for Homeplus, subject to MBK and Kim Byung-joo guarantees
Meritz Financial Group is considering providing 100 billion won in emergency operating funds to help normalise management at Homeplus. The group said on June 11 it is reviewing DIP financing to support stable business operations. Meritz Securities said it is checking specific guarantee terms after meeting several Democratic Party lawmakers. Meritz said guarantees from MBK headquarters and MBK Chairman Kim Byung-joo are needed given legal constraints under recently revised commercial law.
Finance
Securities firms expand risk capital beyond venture investment to productive and inclusive finance
South Korea\'s securities industry is expanding risk capital raised through integrated investment management accounts (IMA) and short-term notes, broadening deployment beyond venture investment. Financial authorities require brokers to supply risk capital equivalent to 25 percent of such funding, with the ratio rising to 10 percent in 2026, 20 percent in 2027 and 25 percent in 2028. Firms are allocating money across venture fund commitments, strategic industries, project finance and emergency operating support.
Industry
Court rejects arrest warrants for MBK executives over Homeplus case
The Seoul Central District Court on Jan. 14 rejected prosecutors’ arrest warrant requests for MBK Partners Chairman Michael Kim and three other executives over alleged fraud and capital markets law violations tied to the Homeplus case. The court said the alleged 피해 results were serious but the evidence submitted so far did not sufficiently support detention. It also cited limits of warrant hearings and said defence rights should be protected in a non-custodial investigation.
