[Special Stock] T'way Air Falls Over 7% Following Paid-in Capital Increase Decision
[Asia Economy Reporter Hwang Yoon-joo] T'way Air is showing a downward trend following the news of its decision to conduct a paid-in capital increase.
As of 9:08 AM on the 23rd, T'way Air is trading at 3,200 KRW, down 7.38% compared to the previous trading day.
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T'way Air announced yesterday that it decided to conduct a paid-in capital increase worth 119 billion KRW to secure operating funds and debt repayment funds. T'way Air carried out paid-in capital increases of 66.8 billion KRW in 2020, when COVID-19 began, and 80 billion KRW last year.
This content was produced with the assistance of AI translation services.
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