Tag: capital increase

capital increase

Latest News

LG Display's Paju production facilities in Gyeonggi. [JOONGANG PHOTO]

[NEWS IN FOCUS] Will OLED investment save troubled LG Display?

LG Display shares plummeted 7 percent after announcing plans to raise $1 billion through new share issuance, raising doubts about its financial stability.

2023.12.19

Hanwha Ocean to raise $1.49B via new shares issuance

Hanwha Ocean's board of directors approved a 2 trillion won ($1.49 billion) capital increase on Wednesday via an issuance of new shares to bolster its maritime defense business in the overseas market.

2023.8.23

Most popular

A fresh nameplate reading 'Hanwha Ocean' is visible on a large crane at the company's shipyard in Geoje, South Gyeongsang, on Tuesday, following the rebranding of Korean shipbuilder Daewoo Shipbuilding & Marine Engineering as Hanwha Ocean in May. [YONHAP]

Debt-ridden Hanwha Ocean may turn the tide by raising $1.9 billion

Hanwha Ocean is considering raising 2.5 trillion won ($1.9 billion) by issuing new shares to potentially facilitate investments and address its debt ratio.

2023.8.22

Heungkuk Finance Group office in central Seoul on Nov. 3 [YONHAP]

Heungkuk Life says debt is separate from capital raising

Heungkuk Life Insurance said it has sufficient liquidity to pay off the money it borrowed to redeem bonds last month, and that its recent decision to raise capital was to comply with a regulatory recommendation.

2022.12.16

Toss bank signs at its office building in Gangnam District, southern Seoul [TOSS BANK]

Toss Bank to issue new shares worth $75 million

Toss Bank board members decided to raise capital by issuing new stocks worth 100 billion won ($75 million), the company announced Thursday.

2022.11.24

Hyundai Heavy Industries Holdings Chairman Kwon Oh-gap, middle, inspects the Doosan Infracore factory in Incheon on Aug. 20. [YONHAP]

Doosan Infracore's big share sale gets mixed reviews from market

Doosan Infracore’s plan to issue 800-billion-won ($684 million) in new shares is being met with a wide range of opinions from analysts.

2021.8.27

Signs in front of Korean Air Lines headquarters in Gangseo District, western Seoul, on Wednesday inform shareholders of an extraordinary meeting taking place. [NEWS1]

Korean Air Lines shareholders approve articles of association change

Korean Air Lines shareholders on Wednesday approved a revision to the company's articles of association to allow for an increase in the number of shares issued, a move necessary for the acquisition of Asiana Airlines.

2021.1.6

Hanwha Solutions issuing $1.1 billion of new shares

Hanwha Solutions, a leading renewable energy and chemical company, will raise 1.2 trillion won ($1.1 billion) by issuing new shares in a move to support its solar power business.

2020.12.21