MICO Subsidiary MICO Power Decides on 40 Billion KRW Paid-in Capital Increase
[Asia Economy Reporter Lee Seon-ae] Mico announced on the 17th that its subsidiary, Micopower, has conducted a third-party allotment paid-in capital increase.
The number of shares issued in the paid-in capital increase is 432,406 shares, with a par value of 500 KRW per share. The total number of issued shares before the capital increase was 2 million shares. The purpose of the fund raising is 10 billion KRW for facility funds and 30 billion KRW for operating funds.
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The recipients of the capital increase are Korea Development Bank, AIP Venture Partners Co., Ltd., Accuon Capital, BSK Investment, Kolon Investment, SL Investment, KT&G, and K-Clavi Investment.
This content was produced with the assistance of AI translation services.
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