Busan Jugong "Issuance of 10 Billion KRW Private Convertible Bonds"
[Asia Economy Reporter Hwang Yoon-joo] Busan Jugong responded to the Korea Exchange's inquiry disclosure request on the 12th, stating, "We have decided to issue privately placed convertible bonds worth 10 billion KRW," and added, "We plan to proceed with a public offering."
They further stated, "We are promoting the sale of land in Banryong-ri, Jangan-eup, Gijang-gun, Busan Metropolitan City, and as of the disclosure date, no sales contracts have been signed."
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Meanwhile, Busan Jugong will hold an extraordinary general meeting of shareholders for the issuance of privately placed convertible bonds on December 4.
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