KTB Investment & Securities-capital increase
KTB Investment & Securities to raise 48 bln won via stock offering
SEOUL, March 17 (Yonhap) -- KTB Investment & Securities Co. on Thursday announced that it will sell stocks to raise 48 billion won(US$39.5 million). The proceeds from the stock sale will be used mainly to finance its operations.
According to a regulatory filing, the company will issue some 9.55 million preferred shares at a price of 5,025 won per share. The stocks will be sold to the investors that the firm designated.
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