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The Resources Co Ltd Announces Rights Issue

Thursday, 4 Jul 2013 04:47am EDT 

The Resources Co Ltd announced a rights issue of 18,331,226 common shares of par value KRW 500 each at an issue price of KRW 791 per share. KRW 14,161,076,666 of the proceeds will be used for operations and KRW 338,923,100 will be used as other funds. The shareholders of record on August 14, 2013 will have rights to purchase 0.743556638 new rights shares for each share held from September 23, 2013 to September 24, 2013. The listing date of the new shares is October 10, 2013. E*TRADEKoreaCo.,Ltd. will be the underwriter. 

Company Quote

-19.0 -3.26%
26 Dec 2014