Hanchang to Raise 10 Billion Won Through Stock Offering

Yonhap News

On Friday, Hanchang Corporation declared that it would be selling shares to generate 10 billion won (US$7.8 million). The funds from the stock sale shall be utilized mainly for its operations.

As per a regulatory filing, the company will be issuing 20 million common shares at a rate of 500 won per share. The stocks will be sold to the investors chosen by the firm.

You might also like