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Jipyong News|News Update

Jisung Horizon Represents Kolao Holdings in New Listing on KOSPI Market

2010.11.30

<p>Jisung Horizon represented Kolao Holdings, a leading overseas Korean merchant group in Laos, in the process of listing on the Korea Exchange and succeeded in newly listing it on the KOSPI Market as of November 30. The total trading volume of shares in Kolao Holdings on the very first day of its listing reached 13,600,000 shares, which reflects the market's high level of interest in it.<br />
<br />
Kolao Holdings, which is listed on the KOSPI Market as the first overseas Korean merchant group, holds the exclusive sales rights to Hyundai Motor Group and it is the 100% holding company of Kolao Developing Co., Ltd ("KDC") which is the largest automobile company in Laos. KDC became the first Lao company to be listed on not only the Lao Securities but also a foreign securities exchange. Therefore, this is a case which marks a very significant step in the development of the capital market in Laos as well as the globalization of Korean capital market.<br />
<br />
In the meanwhile, Kolao Group, to which Kolao Holdings is affiliated, also owns subsidiaries such as 'Indochina Bank,' a comprehensive finance company and 'K-Plaza,' a distribution company of electronic products.</p>

<p><br />
<strong>[Korean Article Reference]</strong></p>

<ul>
	<li><a href="http://www.hankyung.com/news/app/newsview.php?aid=2010113007191" target="_blank">Korea Economy – Kolao which debutted on the Korea Exchange prmosied to be Model of Success for Overseas Korean Companies (November 30, 2010)</a></li>
	<li><a href="http://www.hani.co.kr/arti/economy/stock/451486.html" target="_blank">The Hankyoreh – Sae-Young Oh, the Chairman of Kolao Group, is Listed for the First Time on KOSPI Market as the Overseas Overseas Merchant (December 1, 2010)</a></li>
	<li><a href="http://biz.heraldm.com/common/Detail.jsp?newsMLId=20101130000347" target="_blank">The Herald Economy – A Ceremony for Listing of Kolao Holdings (November 30, 2010)</a></li>
</ul>

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Young Tae YANG
+82-2-6200-1736 ytyang@jipyong.com
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Sang Jun KIM
+82-2-6200-1715 sjkim@jipyong.com
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Haeng Gyu LEE
+82-2-6200-1744 hglee@jipyong.com
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Ki Il BAN
+82-2-6200-1725 kiban@jipyong.com
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