SEOUL– Duk San Neolux Co.on Wednesday announced that it will sell stocks to raise 45 billion won (US$37.9 million). The proceeds from the stock offering will be used primarily to finance its facilities.
According to a regulatory filing, the company will issue 821,167 common shares at a price of 54,800 won per share. The stocks will be sold to the investors that the firm designated.
Source: Yonhap News Agency