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Nexturn to issue common, bonus shares for W30b capital increase

Aug. 30, 2016 - 10:51 By 정민경
[DISCLOSURE] Nexturn (089140) said on Aug. 29 that it has decided on a capital increase worth W30.1 billion won (US$26.90 million) by issuing 1,661,800 new shares and 2,284,720 bonus shares.

The common stocks will be issued at the price of 18,100 won per share to existing shareholders and listed on Nov. 17. The bonus shares will be issued at the ratio of 1:0.4520346849 on Aug. 3, and listed on Nov. 24.

By Jung Min-kyung (mkj1105@heraldcorp.com)