[Asia Economy Reporter Park Sunmi] T'way Air announced on the 16th that it has decided to conduct a third-party allotment paid-in capital increase worth 80 billion KRW to secure operating funds.



The allottee of the paid-in capital increase is the private equity fund Double U Value Up Limited Company. The number of shares allocated is 31.84 million, and the issue price per new share is 2,512 KRW. The scheduled date for delivery of new share certificates is the 15th of next month.


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