Seojin System Decides to Issue Convertible Bonds Worth 20 Billion Won
[Asia Economy Reporter Jang Hyowon] Seojin System announced on the 22nd that it has decided to issue the 6th series of 20 billion KRW non-guaranteed, interest-bearing convertible bonds without a name.
The bonds have a face value and maturity interest rate of 2.5%, with a payment date of June 1, and a conversion price of 29,000 KRW per share. The issuer is ‘Shinyoung SKS Joint Investment 2017 Private Equity Partnership’.
Hot Picks Today
!["Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"](https://cwcontent.asiae.co.kr/asiaresize/93/2026051507261063923_1778797570.png)
"Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- "I'm No Longer the Center?"... Even the World's Top Sniper Sidelined in the Era of Drones
- Handonghun: "I Will Win and Crush the Democratic Party's Tyranny"
- "Target Price Set at 970,000 Won"... Top Investors Already Watching, Only an 'Uptrend' Remains [Weekend Money]
The company stated, “The purpose of raising funds is to use the capital for expanding the facilities of the Vietnam factory and purchasing raw materials in response to new projects expected after the COVID-19 pandemic subsides, as well as to increase sales.”
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
