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  • JW Pharma to issue RCPS worth W112b
    JW Pharma to issue RCPS worth W112b
    JW Pharmaceutical (001060) announced on Aug. 22 that it will issue redeemable convertible preferred stock worth 111.9 billion won (US$99.47 million) and offer to its largest stakeholder JW Holdings and four others, to raise capital. JW Holdings will acquire stocks worth 68.9 billion won and increase its stake to 43.88 percent from 41.25 percent. (theinvestor@heraldcorp.com)
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JW Pharma to issue RCPS worth W112b

Aug. 22, 2016 - 17:07 By 황유미
[DISCLOSURE] JW Pharmaceutical (001060) announced on Aug. 22 that it will issue redeemable convertible preferred stock worth 111.9 billion won (US$99.47 million) and offer to its largest stakeholder JW Holdings and four others, to raise capital. 

JW Holdings will acquire stocks worth 68.9 billion won and increase its stake to 43.88 percent from 41.25 percent.
(theinvestor@heraldcorp.com)
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