Jinyang Chemical Decides on 12 Billion KRW Rights Offering to Shareholders

[Asia Economy Reporter Hwang Yoon-joo] Jinyang Chemical announced on the 31st that it has decided to conduct a rights offering followed by a general public offering of forfeited shares to raise approximately 12 billion KRW for facility funds and other purposes.

3.065 KRW per share for 3.8 million new common shares will be issued.