[DISCLOSURE]
Hyundai Cement (006390) announced on Oct. 21 that it has decided on a capital increase worth 58.4 billion won (US$51.42 million) through third-party allotment.
A total of 14,243,268 stocks will be distributed to 23 of creditor banks, which accepted a debt-equity swap.
By Park Yuna (
yunapark@heraldcorp.com)