KB Financial says to raise $782 mln in new share sale

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SEOUL, July 10 | Fri Jul 10, 2009 7:27am BST

SEOUL, July 10 (Reuters) - KB Financial Group (105560.KS), the parent company of top South Korean bank Kookmin, said on Friday it had decided to raise 1 trillion won ($782.1 million) in a new share sale.

($1=1278.5 Won)

(Reporting by Kim Yeon-hee; Editing by Jonathan Hopfner)

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