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  • China Ocean Resources to issue 3m stocks for W12b capital increase
    China Ocean Resources to issue 3m stocks for W12b capital increase
    China Ocean Resources (900050) announced on Aug. 19 that it will issue 3 million stocks worth 12 billion won (US$10.82 million) and offer to Ocean Ample Overseas and a Hong Kong investment firm owned by its largest stakeholder Zhang Hou Li’s son to solve its financial difficulties. By Hwang You-mee (glamazon@heraldcorp.com)
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China Ocean Resources to issue 3m stocks for W12b capital increase

Aug. 19, 2016 - 17:13 By 황유미
[DISCLOSURE] China Ocean Resources (900050) announced on Aug. 19 that it will issue 3 million stocks worth 12 billion won (US$10.82 million) and offer to Ocean Ample Overseas and a Hong Kong investment firm owned by its largest stakeholder Zhang Hou Li’s son to solve its financial difficulties. 


By Hwang You-mee (glamazon@heraldcorp.com)
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