FutureChem Decides on 45 Billion KRW Paid-in and Free Capital Increase
[Asia Economy Reporter Seongpil Jo] FutureChem announced on the 4th that it has decided to conduct a paid-in capital increase through a rights offering to raise 45 billion KRW for operating funds. The record date for the new shares is September 5.
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The company will also carry out a bonus issue, allocating 0.3 shares per common share. Approximately 5,100,591 new shares are expected to be issued. The record date for this allocation is October 25.
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