Haeduk Powerway Decides on Third-Party Allocation Paid-in Capital Increase Worth 15 Billion KRW
[Asia Economy Reporter Minji Lee] Haeduk Powerway announced on the 10th that it has decided to conduct a third-party allotment paid-in capital increase worth 15,003,450,000 KRW to raise operating funds.
The newly issued shares amount to 15,155,000 common shares with an issue price of 990 KRW per share. The scheduled listing date for the new shares is September 25.
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The third-party allottee is Robda Co., Ltd. The company explained, "We selected the allottee considering the funds needed for business management and the potential for business expansion."
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