Kyobo Securities Decides on 200 Billion KRW Rights Offering

[Asia Economy Reporter Eunmo Koo] Kyobo Securities announced on the 16th that it has decided to conduct a third-party allotment paid-in capital increase worth 200 billion KRW to raise operating funds. The new shares to be issued through this paid-in capital increase amount to 28,653,296 common shares. The third-party allotment recipient is Kyobo Life Insurance, the largest shareholder, and the company stated, "The final selection was made through a board resolution considering the achievement of the company's management objectives and the payment ability of the allottee."

This content was produced with the assistance of AI translation services.