Woongjin ThinkBig "Decision on Third-Party Allocation Paid-in Capital Increase of Subsidiary Nori-ui Balgyeon"
[Asia Economy Reporter Minji Lee] Woongjin ThinkBig announced on the 10th that its subsidiary Noriui Balgyeon has decided to conduct a third-party allotment paid-in capital increase worth 20 billion KRW to raise operating funds.
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The newly issued shares are 400,000 registered voting preferred shares with redemption and conversion rights. The issue price per share is 50,000 KRW. The third-party allotment recipient is Woori Q Corporate Financial Stability Private Equity Investment Partnership, and the redemption request period is within 5 years.
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