HLB Decides on 330 Billion KRW Capital Increase

[Asia Economy Reporter Hwang Yoon-joo] HLB announced on the 12th that it has decided to conduct a rights offering followed by a general public offering of forfeited shares, raising approximately 330 billion KRW to procure funds for acquiring securities of other corporations.

9,562,408 new common shares will be issued at 34,050 KRW per share.