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KOOKMIN, HOUSING & COMMERCIAL BANKS APPROVE MERGER.

AsiaPulse News

| October 01, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Oct 1 Asia Pulse - Shareholders in the Kookmin and Housing & Commercial banks (H&CB) have approved their merger, despite hundreds of Kookmin Bank unionists picketing outside shareholder meeting venues to oppose the move.

The Kookmin Bank convened a meeting of shareholders at the Korea Chamber of Commerce and Industry building at 10:45 a.m Saturday., 45 minutes later than scheduled, due to the protests.

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Source: HighBeam Research, KOOKMIN, HOUSING & COMMERCIAL BANKS APPROVE MERGER.

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