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Start your day with a roundup of key stories from The Korea Herald with news and comment on all that’s happening in Korea.

Ugint to split stocks, down to W100 per share

By 윤정현

Published : Sept. 6, 2016 - 17:38

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[DISCLOSURE] Ugint (195990) announced its stock spilt on Sept. 6, lowering the face value of its stock from 500 won (US$0.45) to 100 won. The company seeks to revitalize trading after the spilt with its shares increased from 23.85 million to 119 million.

Its initial public offering is scheduled on Nov. 7.

By Yun Jeong-hyeon (clareyun@heraldcorp.com)

Ugint to split stocks, down to W100 per share

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