The Korea Herald

지나쌤

Hyundai Cement decides on W58b capital increase

By 박윤아

Published : Oct. 21, 2016 - 17:26

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[DISCLOSURE] Hyundai Cement (006390) announced on Oct. 21 that it has decided on a capital increase worth 58.4 billion won (US$51.42 million) through third-party allotment. 

A total of 14,243,268 stocks will be distributed to 23 of creditor banks, which accepted a debt-equity swap.

By Park Yuna (yunapark@heraldcorp.com)