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WINNOVA CO., Ltd. Announces Rights Issue

Wednesday, 21 Aug 2013 03:31am EDT 

WINNOVA CO., Ltd. xxx announced a rights issue of 22 million common shares of par value KRW 500 each at an issue price of KRW 602 per share to raise funds. KRW 475 million raised will be used for facilities, KRW 1,178,657,702 will be used for operations, and KRW 11,590,342,298 will be used as other funds. The Company's shareholders of record on September 11, 2013 will have rights to purchase 0.71148012 new rights share for each share held from October 21, 2013 to October 22, 2013, and the shares remaining unclaimed will be offered to public from October 28, 2013 to October 29, 2013. The listing date of the new shares is November 13, 2013. EUGENE INVESTMENT & SECURITIES CO., LTD will be the underwriter. 

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