Paseco Decides on 0.429 Shares Bonus Issue per Share

[Asia Economy Reporter Minji Lee] Paseco announced on the 15th that it has decided to issue a bonus share of 0.429165946 shares per common stock.

The record date for the new shares is the 2nd of next month, and the scheduled listing date is the 24th of next month. The company stated, "New shares will be allocated at a ratio of 0.429165946 per share owned," and "In the case of fractional shares less than one share, cash will be paid based on the closing price on the first day of listing of the new shares."