The Korea Herald

지나쌤

Hyundai Paint withdraws W6b capital increase

By 윤정현

Published : July 22, 2016 - 18:07

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[DISCLOSURE] Hyundai Paint (011720) withdrew its proposal of a 6 billion won (US$5.10 million) capital increase, it announced on July 22.

The third party requested to establish an investment association to participate in the capital increase, and caused a delay, leading to the decision to cancel, the company added.