Hurum Decides on 5-to-1 Reverse Stock Split

Hurum announced on the 5th that it has decided to conduct a reverse stock split, merging five common shares into one.


The par value per share will change from 100 won to 500 won.


The total number of issued shares will decrease from 39,378,420 to 7,875,684.


The newly issued shares are scheduled to be listed on May 4.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.