KS Industry Decides on 1 Billion KRW Third-Party Allotment Capital Increase
KS Industry announced on the 7th that it has decided to conduct a third-party allotment paid-in capital increase to raise approximately 1 billion KRW for operating funds. A total of 497,512 new common shares will be issued at 2,010 KRW per share. The third-party allotment recipients include Gye (497,512 shares) and Markgen Co., Ltd. (248,756 shares), among others. The company stated that the purpose of the third-party allotment capital increase is "operating funds."
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