Seongan Decides on Paid-in Capital Increase of 10 Billion and 7 Billion Won
[Asia Economy Reporter Lee Jung-yoon] Seongan announced on the 2nd that it has decided on a third-party allotment paid-in capital increase worth 10 billion KRW for the purpose of raising operating funds.
The third-party allottee is Daehotechnoledge. The new shares are 16,313,213 common shares.
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Additionally, Seongan announced that it has also decided on a third-party allotment paid-in capital increase worth 7 billion KRW to raise operating funds. The third-party allottee is Lee Sang-hee, who was selected by the board of directors considering the investor's intention, payment ability, and timing to achieve the company's management objectives. The new shares are 11,419,249 common shares.
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