[Asia Economy Reporter Hyungsoo Park] Dongwoon Anatech held an extraordinary general meeting of shareholders on the 5th and approved a partial amendment to the articles of incorporation. The issuance limit of shares was increased from the existing 20 million shares to 70 million shares, including the agenda to increase the issuance limit of bonds such as convertible bonds and bonds with warrants.
Dongwoon Anatech CEO Kim Dongcheol presided over the shareholders' meeting and explained the purpose of the amendment to the articles of incorporation to the shareholders.
Dongwoon Anatech changed the articles of incorporation to expand the issuance limits of stocks and bonds and to proceed with investment attraction. They are considering strategic investment attraction through a third-party allotment method rather than a shareholder allotment method.
The newly launched healthcare business clinical trials are progressing smoothly. They are pursuing strategic investment (SI) attraction targeting companies that can create synergy, including the existing semiconductor business.
CEO Kim said, "All employees of Dongwoon Anatech will do their best to achieve good results in both existing and new businesses," and added, "We will strive to enhance shareholder value." He continued, "We hope shareholders trust the company and support its development."
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