Brief: MIRAE announces rights issue worth 29.4 bln won

Mirae

13/05/2016 07:57

May 13 (Reuters) - MIRAE CORPORATION   025560.KS  : 
     
    * Says rights issue of 98 million common shares of par value 
100 won each 
    * Says issue price of 300 won per share, for proceeds of 
29.4 billion won for operations  
    * Employee stock ownership association's preferred right to 
purchase the new shares at an allocation rate of 20 pct on June 
3 
    * Shareholders of record on March 18 will have rights to 
purchase 0.15248382 rights share for each share held during July 
7 to July 8 
    * Listing date of July 29 for the new shares 
     
     
    Source text in Korean: http://goo.gl/yKLA6g 
    Further company coverage: 025560.KS  
 
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Keywords: MIRAE/BRIEF