SangA Frontec Decides to Issue Convertible Bonds Worth 30 Billion KRW
[Asia Economy Reporter Minji Lee] Sang-A Frontec announced on the 24th that it will issue the 3rd and 4th series of anonymous, interest-bearing, unsecured, and unguaranteed private convertible bonds worth 10 billion KRW and 20 billion KRW, respectively. The purpose of the fund raising is to secure facility funds and operating funds, and the issuance target is SK Securities.
Hot Picks Today
Up to 600 Million Won for Semiconductors, 160 Million Won Bonus for Loss-Making Non-Memory… Samsung Electronics Labor and Management Reach Tentative Deal on Unprecedented Performance Compensation (Comprehensive)
- "Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- U.S. Stocks Up 1% on War Negotiation Hopes... Will Korea Recover Recent Losses? [Good Morning Market]
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
The company stated, "We will proceed with the mass production plant and line expansion of core materials for hydrogen fuel cells," and explained, "We plan to newly establish a medium-to-large secondary battery production line at the Hungarian subsidiary."
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
