Doosan Heavy Industries & Construction, Rights Offering Subscription Rate at 623.72%
[Asia Economy Reporter Kwon Jaehee] Doosan Heavy Industries & Construction announced on the 17th that the subscription rate for the general public offering rights issue conducted over two days from the 15th to the 16th was recorded at 623.72%.
The number of shares to be issued was 82,872,900 shares, and 516,898,243 shares were subscribed.
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The employee stock ownership association and existing shareholders subscribed to 80,747,701 shares, recording a subscription rate of 97.44%. The general public offering subscriptions amounted to 436,150,542 shares, with a subscription competition rate of 205.23 to 1.
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