Namkwang Engineering & Construction-capital increase

Namkwang Engineering & Construction to sell shares to raise capital

SEOUL, Dec. 23 (Yonhap) -- Namkwang Engineering & Construction Co. on Friday announced that it will sell stock to raise capital.

According to a regulatory filing, the company will issue 3,558 common shares at a price of 22,500 won per share. The stock will be sold to the investors that the firm designated.

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