Ulsan GPS, 21 Million Shares Rights Offering
[Asia Economy Reporter Lee Jung-yoon] SK Gas announced on the 15th that its subsidiary Ulsan GPS has decided to conduct a rights offering by issuing 21 million common shares to raise funds for facilities and operations.
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Through the rights offering, it plans to raise 94.5 billion KRW for facility funds and 10.5 billion KRW for operating funds. The issue price per new share is 5,000 KRW, applying the par value per share. The number of new shares allocated per existing share is 0.4376641 shares.
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