IBK, Decision on 107.8 Billion KRW Paid-in Capital Increase
[Asia Economy Reporter Kim Heung-soon] Industrial Bank of Korea announced on the 11th that it has decided to conduct a third-party allotment paid-in capital increase worth 107.8 billion KRW to expand capital in accordance with the operation of the special support program for small business owners. The third-party allottee is the Government of the Republic of Korea. The newly issued shares are 12,412,204 common stocks, and the issue price per new share is 8,685 KRW.
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