Global Tax Free Decides on 10.4 Billion KRW Capital Increase
[Asia Economy Reporter Ji Yeon-jin] Global Tax Free announced on the 14th that it has decided to conduct a paid-in capital increase worth 10.4 billion KRW by issuing 2,982,951 new shares to raise operating funds.
This paid-in capital increase will be conducted through a third-party allotment method, with the new share issuance price set at 3,520 KRW per share.
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The company also acquired 525,500 shares of Elsolu worth approximately 16.2 billion KRW for business diversification. After the acquisition, its shareholding ratio is 24.99%. Elsolu is a company where Ji Chang-jin, who participated in this paid-in capital increase, is the largest shareholder.
This content was produced with the assistance of AI translation services.
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