Yeongpung Paper announced on the 22nd that it has decided to conduct a third-party allotment paid-in capital increase to raise 10 billion KRW for debt repayment and other purposes.
New shares totaling 4,566,210 common shares will be issued at 2,190 KRW per share. The third-party allotment recipient is the largest shareholder, Daeyang Metal.
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