Woori Financial Group Participates in 200 Billion KRW Paid-in Capital Increase of Subsidiary Woori Financial Capital
[Asia Economy Reporter Park Jihwan] Woori Financial Group announced on the 2nd that it has decided to participate in the rights offering of its subsidiary Woori Financial Capital and acquire 17,211,704 shares in cash.
The acquisition amount is 200 billion KRW, which corresponds to 0.75% of the equity capital. After the acquisition, the shareholding ratio will be 100%, and the scheduled acquisition date is November 12.
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The company stated that the purpose is "to strengthen business competitiveness through capital expansion of the subsidiary."
This content was produced with the assistance of AI translation services.
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