Automobile & PCB to raise 10 bln won via stock sale

Automobile & PCB on Monday announced that it will sell stocks to raise 10 billion won The proceeds from the stock offering will be used primarily to finance its operations.

According to a regulatory filing, the company will issue some 6.71 million common shares at a price of 1,490 won per share. The stocks will be sold to the investors that the firm designated.

Source: Yonhap News Agency

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