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[This Week's Paid-in Capital Increase] Public Offering Schedule for the Last Week of July

[Asia Economy Reporter Yoo Hyun-seok] In the last week of this month (July), Intelian Tech, F&F Holdings, Roborobo, CU Medical, STX, and Studio Santa Claus will conduct rights offering subscriptions.


◆Intelian Tech= Intelian Tech will conduct subscriptions for the employee stock ownership association and existing shareholders from the 26th to the 27th. Then, a general public offering will be held from the 30th to the 31st.


The issue price per share is 49,150 KRW, raising a total of 79 billion KRW. Specifically, 29 billion KRW will be used for facility funds, including investment in the second factory site and production line, as well as the establishment of a research and development center and key logistics hubs.


Additionally, 15 billion KRW will be allocated to product research and development such as phased array flat panel antenna terminals and gateway antennas, and 25 billion KRW will be used for raw material purchases. Furthermore, 10 billion KRW will be invested in companies related to satellite communications and the space industry.


Intelian Tech, established in 2004, is a company that develops and sells satellite communication antennas. Its main product is maritime satellite communication antennas.


◆F&F Holdings= F&F Holdings will conduct subscriptions from the 27th of this month until the 18th of next month.


F&F Holdings will issue a total of 41,258,755 shares at 38,633 KRW per share. This rights offering is targeted at shareholders holding F&F common stock. Among F&F shareholders who subscribe, the shares will be received as a contribution in kind, and in return, new shares of F&F Holdings will be granted.


This rights offering aims to expand the stake in F&F, which was spun off, to resolve the holding company activity restriction requirements. On May 1st, F&F Holdings spun off its existing fashion business division to establish F&F for the holding company transition. F&F Holdings currently holds 0.52% of F&F shares. Under current law, holding companies must own at least 20% of their subsidiaries' shares.


◆Roborobo= Roborobo will conduct subscriptions for existing shareholders from the 27th to the 28th, followed by a general public offering from the 2nd to the 3rd of next month.


The issue price per share is 3,460 KRW, raising a total of 8.8 billion KRW. All 8.8 billion KRW will be used for facility funds, including 5.4 billion KRW for the construction of the Incheon Robot Land facility, 2.5 billion KRW for the development of an educational platform, and 900 million KRW for new business equipment investment.


Roborobo, established in 2000, is an educational robot venture company. It researches, develops, and sells educational robots, robot learning software, and related teaching materials. It entered the KOSDAQ market in 2017 through a merger with Hana Must 4th SPAC.


◆CU Medical= CU Medical will conduct subscriptions for existing shareholders from the 29th to the 30th, followed by a general public subscription from the 3rd to the 4th of next month.


The fixed issue price will be announced on the 27th. The first issue price is 1,035 KRW, raising 15.5 billion KRW. Specifically, 10.9 billion KRW will be used for debt repayment, including convertible bond redemption. Additionally, 4.6 billion KRW will be invested in operating funds, with 2.7 billion KRW for new product development, 700 million KRW for new market development, and 1.2 billion KRW for other operating expenses.


CU Medical was established on December 13, 2001, with the business purpose of developing, manufacturing, and selling medical devices. It was listed on the KOSDAQ market on December 15, 2011.


◆STX= STX will conduct subscriptions for existing shareholders from the 30th to the 2nd of next month, followed by a general public offering from the 4th to the 5th.


The issue price per share is 6,230 KRW, raising a total of 42.4 billion KRW. Specifically, 41.4 billion KRW will be used for debt repayment, including 11.8 billion KRW for ship financing funds, 10.6 billion KRW for general bank borrowings, 12.6 billion KRW for trade finance from banks, and 6.3 billion KRW for policy fund repayment.


STX is a specialized trading company focusing on four major businesses: energy, raw material import/export, machinery and materials, and shipping and logistics.


◆Studio Santa Claus= Studio Santa Claus will conduct a general public offering from the 30th to the 2nd of next month.


The fixed issue price will be announced on the 28th. The current issue price is 1,690 KRW, raising a total of 60.8 billion KRW. Of the raised funds, 6.7 billion KRW will be used for acquiring tangible assets, 10.7 billion KRW will be invested for subsidiary capital contributions, and 43.4 billion KRW will be used for company operating funds.


Studio Santa Claus was established on August 10, 2005. Its original name was SIM Entertainment. It later changed to Five Brothers, then to Fleet, and finally changed to the current name last September. Currently, it mainly operates in management, film, and drama businesses.




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