Hanwha Investment & Securities Signs Share Purchase Agreement for Japan's GI Capital Management Securities Division

Hanwha Investment & Securities CEO Jang Byeongho (left) and GI Capital Management CEO Chang-Ho James Lee (right) pose for a commemorative photo after signing the agreement. Hanwha Investment & Securities display.

Hanwha Investment & Securities said on Oct. 12 that it had signed a share purchase agreement to acquire shares in the securities division of GI Capital Management, a Japanese diversified financial investment company.

After its board of directors approved the acquisition of shares in GI Capital Management's securities division last month, Hanwha Investment & Securities held a signing ceremony in Tokyo.

Through the agreement, the company plans to establish a local foothold in Japan's capital market, which is continuing to grow amid efforts to boost the stock market and value-up policies.

Hanwha Investment & Securities has built a presence in Southeast Asia through Pinetree Securities in Vietnam and Singapore, as well as Ciptadana Securities and Ciptadana Asset Management in Indonesia, where it has already entered the market.

In addition, the company is expected to expand its Asian financial network and accelerate efforts to create synergies by fostering mutual business opportunities through collaboration with GI Capital Management.

"We will strengthen our competitiveness in traditional financial services by leveraging GI Capital Management's professional workforce and network of local institutional investors," said Jang Byeongho, CEO of Hanwha Investment & Securities. "We will also explore opportunities to expand into new digital businesses and continue to enhance Hanwha Investment & Securities' global competitiveness."

This content was produced with the assistance of AI translation services.