JR Global REITs Conducts Rights Offering for Subsidiary Shareholders
[Asia Economy Reporter Lee Seon-ae] JR Global REITs announced on the 27th that it has decided to conduct a paid-in capital increase for its subsidiary, JR No. 28 Trust Management Real Estate Investment Company.
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The paid-in capital increase will be carried out through a rights offering for 23.6 million new common shares. The 118 billion KRW raised through this will be used to acquire securities of other companies. In the case of the rights offering, the issue price per new share is 5,000 KRW, and the number of new shares allocated per existing share is 1.67 shares.
This content was produced with the assistance of AI translation services.
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