Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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Kookmin Bank (KBKD)

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Tuesday 24 April, 2001

Kookmin Bank

Merger Agreement

Kookmin Bank
24 April 2001




NOTICE OF
               Merger Agreement between Kookmin Bank and H&CB

1. Reasons & Objectives 
   Both Kookmin Bank and Housing&Commercial Bank have agreed to merge in order  
   to strengthen their leading position in the financial market and to maximize 
   the development of the national economy and the benefits to customers and    
   shareholders by capitalizing on the strengths of each bank

2. Method of Merger
   Through the Merger, KB and H&CB shall be dissolved and the New Bank shall be 
   established simultaneously. However, if the parties agree in writing that the
   merger through the establishment of the New Bank is not possible due to      
   material policy restrictions, the form of the Merger shall be changed so that
   KB shall be the surviving bank.

3. Mergee(Company) 
   a. Company Name: Housing & Commercial Bank
   b. Paid-In Capital (won) 896,344,045,000 
   c. Outstanding Number of Shares (Share): 179,268,809 
   d. Latest Fiscal Year's Financial Statement(Summary)
      - Total Assets:  66,395.8 billion won 
      - Total Shareholder's Equity: 2,484.3 billion won 
      - Total Liabilities: 63,911.5 billion won 
      - Net Income: 523.8 billion won 
   e. Major Business lines
      - Banking Business and its related business in accordance with General
        Banking Act
      - Trust Business in accordance with Trust Business Act
        Other businesses permitted by the Ministry of Finance and Economy

4. Company to be newly created 
   a. Company Name: Kookmin Bank 
   b. Paid-in Capital (won) : 1,701,975,660,000 
   c. Outstanding Number of Shares (Share) 340,395,132 
   d. Latest Fiscal Year's Financial Statement(Summary): none 
   e. Major Business Lines
      - Banking Business and its related businesses in accordance with
        Banking Act
      - Trust Business In accordance with Trust Business Act
      - Other additional Businesses besides Banking Business stipulated by
        Banking Act and other Laws, Acts, Regulations, etc 
   f. Listing
      - Expected Delivering Date of New Shares - November 19, 2001
      - Expected Listing Date: November 20, 2001
   g. Shares Allotted to Shareholders of Mergee
      - The New Bank shall issue and deliver one share of its common stock
        (par value: 5,000 Won) per 1.688346 shares of common stock (par value
        5,000 Won) of KB.
        The New Bank shall issue and deliver one share of its common stock
        (par value 5,000 Won) per one share of common stock (par value 5,000    
        Won) of H&CB
      - The New Bank shall Issue and deliver one share of its preferred
        stock (par value 5,000 Won), with the same terms, and conditions as     
        those of KB's or H&CB's preferred stock, per one share of preferred     
        stock (par value 5,000 Won) of KB or H&CB
        In the event that any fractional shares are required to be delivered
        in connection with the delivery of new shares, the disposition of such  
        fractional shares shall be determined through mutual consideration      
        between the parties and in accordance with the Commercial Code.
   h.   Cash Paid to Shareholders of Mergee:  Not applicable

5. Terms of merger & formula for calculation 
   - Rate of merger(%) : 0.59229565503 
   - Formular for calculation
     > Formular for rate of merger calculation of common stock 

       To decide rate of merger after calculating basic share price by          
       enforcement decree of securities and exchange act article 84-7(1) 
       as of December 21, 2000 of record date and reflecting dilution, 
       10% share dividend of H&CB.

     > Formular for rate of merger Calculation of preferred stock 

       To decide one share of preferred stock of KB per one share of
       preferred stock of H&CB, in accordance with both banks completely by
       the same issuing conditions such as dividend rate of preferred stock
       repurchase conditions, etc

6. Independent Expert's Recommendation : None

7. Schedule

   a. Contract Date : April 23, 2001
   b. Approval Date of Shareholders Meeting : October 19, 2001

8. Effective Date of Merger : October 31, 2001

9. Base Date for Calculation of Dividend : January 1, 2001

10. Appraisal Right 
    a. Buy-back Price(Won): 13,968

      * Buyback price can be adjusted when the company or over 30% of
        total shareholders request to change.

    b. Request Period:  October 20, 2001 - October 31, 2001

11. Resolution Date of the Board of Directors : April 23, 2001 -

    - Outside Directors:   Present (9), Absent(l) 
    - Auditors Present

12. the Others 
    Shareholders who oppose the merger can exercise the appraisal right
    according to Article 191 of the Securities and Exchange Act

    - The New Bank shall deliver one share of its common stock, per
      1.688346 shares of common stock of Kookmin Bank and one share          
      of its preferred stock, per one share of preferred stock of
      Kookmin Bank. 
    - Board of Directors of Kookmin Bank passed the original merger contract 
    - If the authorization and permission from government or obtaining effective
      declaration from US Securities and Exchange Commission are ahead of       
      schedule or delayed, both banks can adjust the date of merger and others  
      under a mutual agreement. If any changes, we will give public notice      
      again.