NH Investment & Securities to raise 200 bln won via stock sale

NH Investment & Securities-capital increase

NH Investment & Securities to raise 200 bln won via stock sale

SEOUL, Sept. 30 (Yonhap) -- NH Investment & Securities Co.on Thursday announced that it will sell stocks to raise 200 billion won(US$168.9 million). The proceeds from the stock offering will be used primarily to finance its operations.

According to a regulatory filing, the company will issue some 15.62 million common shares at a price of 12,800 won per share. The stocks will be sold to the investors that the firm designated.

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