Mirae to establish China JV with Huachen Trust

Sep 13, 2009

Mirae Asset's new JV agreement with a Chinese trust will require the Seoul-based firm to raise capital through an issue of new shares.

Park Hyeon-Joo, chairman of Mirae Asset, has often talked about his admiration of Genghis Khan and the Mongols' stylish ways of war and management. Now he is moving closer to realising his fixation by getting his hands on a joint venture with a Mongolian trust.

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