Dongwon Industries Co., Ltd. Signed a Memorandum of understanding to acquire Boryung Biopharma Company Ltd. from Boryung Partners Co., Ltd, Jay Kim, Shinhan Investment & Securities Co., Ltd and Mirae Asset Securities Co. Ltd..

Mirae Asset Securities Co Ltd, formerly Mirae Asset Daewoo Co Ltd, is a Korea-based company principally provides financial services. The Company operates its business through four segments. The Sales and Trading segment is engaged in the supply of bonds, internal and external derivatives, and hedge management. The Wealth Management segment is engaged in brokerage of securities, sales of asset management products, and provision of financial consulting services. The Investment Banking segment provides corporate financing, private equity fund (PEF), and merger and acquisition (M&A) related services. The Principal Investment and Other segment is engaged in equity capital investment and other business activities.