[Asia Economy Reporter Kwon Jaehee] Shinsegae International announced on the 22nd that it has decided to split the par value per share from 5,000 won to 1,000 won in order to increase the number of outstanding shares.


The total number of issued shares will increase from 7.14 million shares before the split to 35.7 million shares after the split.



The scheduled listing date for the new shares is April 11.


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