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Photo courtesy of Yonhap News |
[Alpha Biz= Paul Lee] Seoul, September 15, 2025 — SK Securities announced that it has decided to sell its entire stake in affiliate Trinity Asset Management to Suhyup Bank for KRW 16.9 billion. The decision was approved at a board meeting held earlier today, according to a regulatory filing with the Financial Supervisory Service.
Under the agreement, SK Securities will dispose of all 420,350 shares it holds in Trinity Asset Management through a share purchase agreement (SPA) with Suhyup Bank. The transaction is scheduled to close on September 29.
SK Securities stated that the purpose of the sale is to “secure resources to strengthen business competitiveness and improve financial structure.”
Trinity Asset Management became a subsidiary of SK Securities in 2020 when SK Securities acquired a controlling stake. As of the end of June 2025, SK Securities held a 70% ownership interest in the asset manager.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
