The Korea Herald

소아쌤

Ilkyung to raise W700m in capital

By KH디지털2

Published : Aug. 25, 2016 - 16:52

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[DISCLOSURE] Ilkyung (078940) said on Aug. 25 that it has decided on a capital increase worth 700 million won (US$626,959).

A total of 280,000 new shares will be issued at the price of 2,500 won per share for third party allotment. The shares will be offered to three individuals, including a board member, and the listing date is Sept. 9.

By Jung Min-kyung (mkj1105@heraldcorp.com)