Kakao Mobility Decides on 139.9 Billion KRW Paid-in Capital Increase

[Asia Economy Reporter Han Jinju] Kakao Mobility, a subsidiary of Kakao, announced on the 9th that it has decided to raise 139.9 billion KRW through a paid-in capital increase to secure operating funds. The par value per share is 100 KRW, and 2,403,766 shares will be issued through a third-party allotment method.