Brief: MYUNGMOON PHARM announces rights issue worth 17.89 bln won

Myungmoon Pharm

13/05/2016 08:08

May 13 (Reuters) - MYUNGMOON PHARM CO.,LTD   017180.KS  : 
     
    * Says rights issue of 4.5 million common shares of par 
value 500 won each 
    * Says issue price of 3,985 won per share, for proceeds of 
17.89 billion won for facility funds 
    * Employee stock ownership association's preferred right to 
purchase the new shares at an allocation rate of 20 pct on June 
10 
    * Shareholders of record on June 2 will have rights to 
purchase 0.19313652 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/kCpDXu 
    Further company coverage: 017180.KS  
 
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Keywords: MYUNGMOON PHARM/BRIEF