SL Bionics Decides on 5-to-1 Stock Split

[Asia Economy Reporter Lee Jung-yoon] SL Bionics announced on the 21st that it has decided to implement a stock split, reducing the par value per share from the existing 500 won to 100 won to activate stock trading through an increase in the number of outstanding shares.

The total number of issued shares will increase from 9,412,581 shares to 47,062,905 shares, and the new share certificates are scheduled to be listed on September 13.