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003670 — Posco Future M News Story

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South Korea's POSCO Future M to issue new shares to raise $775 mln

SEOUL, May 13 (Reuters) - South Korean chemical and battery material maker, POSCO Future M 003670.KS, said in a regulatory filing on Tuesday it would issue new shares to raise around 1.1 trillion won ($775.00 million) for facility and operation funds as well as making investments.

($1 = 1,419.3500 won)

 (Reporting by Hyunsu Yim; Editing by Jacqueline Wong)

 ((Hyunsu.Yim@thomsonreuters.com;))

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