Mirae Asset Daewoo Securities Mirae Asset Daewoo Securities Daewoo Securities (D/B/A KDB Daewoo Securities) () is the largest stock brokerage and investment banking firm by market capitalization in South Korea. The company has been a subsidiary of KDB Financial Group since the early 2000s. Its name originates from the large Daewoo Conglomerate of Korea to which it originally belonged. Daewoo Securities has 3,081 employees in 124 branches in Korea and abroad. It has a marketshare of approximately 9% of the Korean brokerage market, in terms both of trading value and commissions. The stated Business Agenda of Daewoo Securities is to become a worldwide operation,
Daewoo or is close to, starting gas production in the country(at the Yadana Field). During explorations, Daewoo found one of the largest gas fields in southeast Asia. The field is located at blocks A-1 and A-3 at the Shwe field, about 100 km off Sittwe in Rakhine State. The field will go into production in five years, providing a lucrative (and probably the largest) source of hard currency for the ruling junta. Daewoo has long been one of the largest foreign investors in the country. Daewoo International was investigated by South Korean prosecutors for allegedly selling machinery with potential military applications