[Special Stock] No Brand Surges on Decision of Free Capital Increase

Nobrand is soaring following the decision of a free capital increase.

As of 9:17 AM on the 5th, Nobrand is trading at 20,600 KRW, up 12.14% compared to the previous day.

On the previous day, Nobrand announced that it decided on a free capital increase, allocating one common share per existing share. The record date for the new shares is the 19th of this month, and the new shares are scheduled to be listed on the 13th of next month.