KH E&T Decides on 1.5 Billion KRW Capital Increase Targeting Jangwon Tech

[Asia Economy Reporter Hyunseok Yoo] KH E&T announced on the 2nd that it has decided to conduct a third-party allotment paid-in capital increase worth 1.5 billion KRW targeting its largest shareholder, Jangwon Tech, for the purpose of securing additional funds. A total of 1,321,586 shares will be issued at 1,135 KRW per share. The new shares are scheduled to be listed on the 27th of this month.