SK IE Technology Decides on 300 Billion KRW Capital Increase

[Asia Economy Reporter Oh Ju-yeon] SK Innovation announced on the 23rd that its subsidiary SK IE Technology (SK IET) has revised a third-party allotment capital increase worth 300 billion KRW. The purpose of the fund raising is 100 billion KRW for facility funds and 200 billion KRW for other funds. The new shares consist of 6,274,160 common shares, and the issue price per share is 47,816 KRW.