Cosmo Chemical Decides on 41.5 Billion KRW Rights Offering

[Asia Economy Reporter Lee Jung-yoon] Cosmo Chemical announced on the 12th that it has decided on a paid-in capital increase worth 41.48 billion KRW through a rights offering followed by a general public offering of forfeited shares.

The purpose is to raise funds for facilities and operations, with May 6 set as the record date for new shares, allocating 0.09772246 shares per existing share. The scheduled listing date for the new shares is July 6.

Additionally, Cosmo Chemical has decided on a bonus issue allocating 0.12 shares per common share. The record date for the new shares is June 23, and the scheduled listing date is July 18.

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