Husteel, 90 Billion KRW Paid-in Capital Increase

[Asia Economy Reporter Kwangho Lee] HuSteel announced on the 16th that it has decided to conduct a rights offering followed by a general public subscription for forfeited shares, issuing 17 million common shares. The par value is 1,000 KRW, and the new share issuance price is 5,280 KRW. The 89.76 billion KRW raised through the capital increase will be used as facility funds.