Kwang Jin Ind. Cuts Share Issue Price to KRW 2,865 in Revised Capital Increase Plan
Bitget2026/10/28 22:50- Kwang Jin Ind. corrected its private placement terms, cutting the issue price to KRW 2,865 per common share from KRW 4,015.
- The offering increases to 1,047,122 common shares from 747,199, raising KRW 3 billion for working capital.
- Ulleung replaces Forever NK as the sole allottee.
- Payment moves to Nov. 30, 2026, from Dec. 10, 2026.
- The new shares are scheduled to list on Dec. 18, 2026, instead of Dec. 30, 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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