GNC Decides on 18 Billion KRW Rights Offering to Shareholders
KOSDAQ-listed company Genco announced on the 14th that it has decided to conduct a rights offering followed by a general public offering of forfeited shares to raise approximately 18 billion KRW for debt repayment and other purposes.
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13 million new common shares will be issued at 1,420 KRW per share.
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