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Elentec's rights offering oversubscribed

June 22, 2016 - 14:39 By 황유미
[DISCLOSURE] Elentec (054210) announced on June 22 that its existing shareholders have oversubscribed its offering that closed on June 21. The mobile phone parts company will issue 4 million stocks at 5,100 won (US$4.42) per share for capital increase and recorded 107.14 percent of subscription. The due date for subscription payment is June 28.