Jieosoft Decides on 15 Billion KRW Paid-in Capital Increase
[Asia Economy Reporter Ji Yeon-jin] GeoSoft announced on the 26th that it has decided on a paid-in capital increase worth 15 billion KRW.
The new shares, totaling 899,875 shares, will be issued through a third-party allotment method to acquire shares of another company, with a price of 16,669 KRW per share.
The scheduled listing date for the new shares is the 18th of next month.
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The company plans to acquire 5 million shares of its subsidiary GeoSolution, a manufacturer of nickel-plated steel sheets for secondary battery materials, for 25 billion KRW. These shares will be acquired by participating in the subsidiary's paid-in capital increase.
This content was produced with the assistance of AI translation services.
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