Doosan Heavy Industries Confirms New Share Issuance Price at 9,980 Won for Rights Offering

[Asia Economy Reporter Ki-min Lee] Doosan Heavy Industries & Construction announced on the 1st that the issuance price of new shares for the paid-in capital increase scheduled for the 24th of this month has been finalized at 9,980 KRW.

Earlier, Doosan Heavy Industries & Construction announced at the beginning of this year that it would prepare a financial structure improvement plan (self-rescue plan) worth 3 trillion KRW to normalize management, and the plan included a paid-in capital increase by Doosan Heavy Industries & Construction.

Previously, on September 4th, Doosan Heavy Industries & Construction decided on the paid-in capital increase and announced the initial planned issuance price as 9,640 KRW, but reflecting the recent stock price fluctuations, it was finalized at 9,980 KRW, 340 KRW higher than the initial planned issuance price.

The number of newly issued shares through this paid-in capital increase is 121,495,330 shares, totaling approximately 1.2125 trillion KRW.