AD Technology Decides on 58.7 Billion KRW Capital Increase
[Asia Economy Reporter Minji Lee] AD Technology announced on the 17th that it will carry out a paid-in capital increase worth 58.7 billion KRW to finance facilities, operations, and debt repayment. The capital increase will be conducted through a rights offering followed by a general public subscription for unsubscribed shares, with 3.2 million common shares to be issued as new shares. The new shares are scheduled to be listed on July 24, 2020.
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