Maxst Decides on 52.7 Billion KRW Capital Increase
[Asia Economy Reporter Minwoo Lee] Maxst announced on the 24th that it has decided to conduct a paid-in capital increase through a rights offering followed by a general public offering of forfeited shares, totaling 52.7 billion KRW, to raise operating funds, funds for acquiring securities of other corporations, and other funds. Accordingly, 1,111,950 new common shares will be issued. The planned issue price is 47,400 KRW per share, and the record date for allocation is April 28. The subscription date is scheduled for April 5, and the payment date is April 13.
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