Jin Air Decides on 108.3 Billion KRW Paid-in Capital Increase
[Asia Economy Reporter Minji Lee] Jin Air announced on the 12th that it will proceed with a rights offering followed by a general public offering of forfeited shares, a paid-in capital increase worth 108.36 billion KRW to raise operating funds.
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The scheduled issue price of the new shares is set at 15,050 KRW, with the final confirmation date on October 27. The record date for new share allocation is September 24.
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