[Asia Economy Reporter Han Jinju] Diocean Citypo, a subsidiary of Paper Korea, announced on the 24th that it has decided to reduce its capital by 93.15% to return the contributed capital in kind.



The record date for the capital reduction is April 27. As a result of this capital reduction, the number of issued shares will decrease from 875,940 shares to 60,000 shares, and the capital will be reduced from 4,379.5 million KRW to 30 million KRW.


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