Samsung SDI Decides on 403.8 Billion KRW Capital Increase for Hungary Subsidiary
[Asia Economy Reporter Ji Yeon-jin] Samsung SDI announced on the 23rd that its subsidiary, Samsung SDI Hungary Zrt., decided to conduct a rights offering worth 403.8 billion KRW for facility fund procurement. Samsung SDI will invest the corresponding amount.
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The newly issued shares through the capital increase total 75,000 shares, with a par value of 4,000 euros (approximately 5.38 million KRW) per share. Fundraising will be carried out in installments within one year from the announcement date, depending on equipment delivery and market conditions.
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