Shinyoung Wakoru Decides to Split Par Value per Share from 5,000 Won to 500 Won

[Asia Economy Reporter Kwon Jaehee] Shinyoung Wakoru announced on the 10th that it has decided to split its stocks by reducing the par value per share from 5,000 won to 500 won in order to increase the number of outstanding shares.

Accordingly, the total number of issued shares is expected to increase from 900,000 shares to 9,000,000 shares. The scheduled date for the new shares to be listed is April 18.