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

[Asia Economy Reporter Jang Hyowon] In the last week of this month (September), AT Semicon will conduct a general public offering of unsubscribed shares following a rights offering to existing shareholders.

◆ AT Semicon = AT Semicon will carry out a paid-in capital increase through a general public offering of unsubscribed shares after a rights offering on the 27th and 28th. The company plans to issue 16 million new shares with a face value of 500 KRW each, raising a total of 30 billion KRW. The price per share is set at 1,875 KRW.

AT Semicon plans to use 21 billion KRW of the secured funds, excluding issuance costs, to repay debt. The remaining 5 billion KRW will be allocated as operating funds, and 3 billion KRW will be invested in facility funds.

Established in 2001, AT Semicon is a company engaged in semiconductor manufacturing-related testing and engineering services, semiconductor product processing, assembly business, and wholesale. Since last year, as part of business diversification, it has established subsidiaries related to the bio business and acquired shares in a cosmetics-related company. This year, it acquired shares and management rights of the listed company ‘Leaders Technology Investment’.