Fantagio, 8 Billion KRW Third-Party Allocation Paid-in Capital Increase
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[Asia Economy Reporter Eunmo Koo] Fantagio announced on the 21st that it has decided to conduct a third-party allotment paid-in capital increase to raise approximately 8 billion KRW for operating funds.
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New shares totaling 14,761,460 common shares will be issued at 542 KRW per share. The third-party allotment recipients are Mirae I&G (the largest shareholder, 7,380,730 shares) and Artist Cosmetic (a related party, 7,380,730 shares). The company stated, "This capital increase is intended to raise operating funds."
This content was produced with the assistance of AI translation services.
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