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DRB Holding Co.,Ltd Announces Public Offering of Common Shares; Announces Tender Offer for Shares of DRB Industrial Co Ltd


Monday, 7 Oct 2013 03:18am EDT 

DRB Holding Co.,Ltd announced a public offering of 4,753,217 new shares of its common stock, for raising KRW 37,673,997,942 for equity acquisition. The par value and issue price of the new shares are respectively KRW 500 per share and KRW 7,926 per share. The Company also announced a tender offer for 4,200,000 common shares of DRB Industrial Co Ltd at KRW 8,970 per share from November 25, 2013 to November 14, 2013 to change DRB Industrial Co Ltd into a subsidiary of the Company. Thus the target subscribers of the public offering will be shareholders of DRB Industrial Co Ltd. The new shares will be open for subscription also from November 25, 2013 to November 14, 2013. The listing date of the new shares is December 3, 2013. 

Company Quote

13950.0
100.0 +0.72%
2 Sep 2015