Youngpoong Paper, Decides on 4 Billion KRW Third-Party Allocation Paid-in Capital Increase

Youngpoong Paper decided to raise 4 billion KRW through a paid-in capital increase to secure funds for debt repayment, according to a disclosure on the 20th.

It will issue 3,629,760 common shares at 1,102 KRW per share through a third-party allotment. The third-party allotment recipient is SI Union.