AT Semicon Completes 6.5 Billion KRW Third-Party Allocation Capital Increase... Strengthening Governance

[Asia Economy Reporter Jang Hyowon] AT Semicon announced on the 16th that the payment for the third-party allotment capital increase worth 6.5 billion KRW, conducted with its special related party The H Tech, has been completed.

With the completion of this capital increase payment, The H Tech will additionally acquire 6,310,679 shares of AT Semicon, becoming the largest shareholder. The shareholding ratio will also expand from the previous 2.46% to 13.41%. The secured funds will be used to strengthen business competitiveness, including operating capital.

An AT Semicon official stated, "Although The H Tech has become the largest shareholder through this paid-in capital increase, there is no actual change in management control," and emphasized, "With the total largest shareholder shareholding ratio, including special related parties, increasing to 17.13%, responsible management is strengthened and a stable governance structure is established."

He added, "Based on a stable governance structure and commitment to responsible management, we plan to actively pursue investments to enhance corporate value."

Meanwhile, AT Semicon is strengthening investments in new businesses by additionally securing shares in Leaders Technology Investment, a new technology business finance company. On the 11th, it acquired convertible bonds (CB) of Leaders Technology Investment worth 6.5 billion KRW, expanding its shareholding ratio to 25.49%.

This content was produced with the assistance of AI translation services.