by Yoo Byeongdon
Published 15 May.2023 17:30(KST)
NVH Korea announced on the 15th that it has decided to conduct a paid-in capital increase worth 29,998,374,480 KRW to raise funds for facility investment, operating expenses, and debt repayment.
The method of capital increase is a rights offering to existing shareholders followed by a general public offering of any unsubscribed shares.
The number of new shares to be issued is 9,345,288, with a planned issue price of 3,210 KRW per share.
The new shares are scheduled to be listed on July 28.
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