Kumho Industrial Decides on Third-Party Allocation Paid-in Capital Increase
[Asia Economy Reporter Song Seung-yoon] Kumho Industrial announced on the 30th that it has decided to proceed with a third-party allotment paid-in capital increase.
The third-party allotment recipients are Kookmin Bank (bond financial institution, 209,941 shares), Samhwa Mutual Savings Bank (bond financial institution, 31,055 shares), etc., with 319,671 new shares (common stock) to be issued at 161,000 KRW per share.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
The company explained the purpose of the third-party allotment as "improving financial soundness through debt-to-equity conversion."
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
