[Asia Economy Reporter Hwang Yoon-joo]
▲ Ecopro = Acquired 3,491,579 shares of its subsidiary Ecopro Materials for 99.51 billion KRW. This represents 5.45% of its equity capital, and the shareholding ratio after acquisition is 52.78%.
▲ NS = Decided to borrow 20 billion KRW in short-term funds from financial institutions. This amounts to 9.5% of its equity capital. Accordingly, NS's total short-term borrowings will increase to 133.4338 billion KRW.
▲ Intops = Signed a trust contract with Samsung Securities for acquiring treasury shares worth 3 billion KRW to stabilize stock price and enhance shareholder value. The contract period is until May 23, next year.
▲ Hana Technology = Signed a contract with Automotive Cells Company for prismatic secondary battery assembly process equipment. The total contract amount is 6.58239 billion KRW, which is 5.83% of recent sales.
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▲ Sebitchem = Decided to issue anonymous, non-interest-bearing, unsecured private placement bonds with warrants to raise 42.5 billion KRW each for facility funds and operating funds. The bonds have a 0% coupon and maturity interest rate, with maturity date on November 25, 2027.
Additionally, decided to issue anonymous, non-interest-bearing, unsecured private placement convertible bonds to raise 42.5 billion KRW each for facility funds and operating funds. The bonds have a 0% coupon and maturity interest rate, with maturity date on November 25, 2027.
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