Korean Air to Conduct Rights Offering and General Public Subscription Worth 1 Trillion KRW
[Asia Economy Reporter Hyungsoo Park] Korean Air announced on the 13th that it will conduct a rights offering followed by a general public subscription for forfeited shares, raising approximately 1 trillion won through a paid-in capital increase.
The scheduled issue price for the new shares is 12,600 won, and 0.6616831357 new shares will be issued per one existing share.
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