Ismedia-capital increase

Ismedia to sell shares to raise capital

SEOUL, Dec. 6 (Yonhap) -- Ismedia Co.on Monday announced that it will sell stocks to raise capital.

According to a regulatory filing, the company will issue 53,212 common shares at a price of 22,149 won (US$18.75) per share. The stocks will be sold to the investors that the firm designated.

(END)

[ⓒ K-VIBE. 무단전재-재배포 금지]