LVMC Holdings Decides on 110 Billion KRW Capital Increase
[Asia Economy Reporter Kang Nahum] LVMH Holdings announced on the 6th that it has decided on a rights offering followed by a general public offering of forfeited shares, amounting to 110 billion KRW.
The purpose of the capital increase is to secure funds for facilities, operations, and debt repayment. 0.7030845586 shares will be allocated per one existing share.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
The subscription period for existing shareholders is scheduled for July 22-23, and the new shares are expected to be listed on August 13.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
