Baion Decides on 5 Billion Won Paid-in Capital Increase
[Asia Economy Reporter Jang Sehee] Baion announced on the 16th that it has decided to conduct a third-party allotment paid-in capital increase worth 5 billion KRW to raise funds for acquiring securities of other corporations.
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Accordingly, 4,115,226 common shares will be newly issued. The issue price per new share is 1,215 KRW. The scheduled listing date for the new shares is January 8, 2021.
This content was produced with the assistance of AI translation services.
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