Kumho Engineering & Construction-capital increase

Kumho Engineering & Construction to sell shares to raise capital

SEOUL, March 30 (Yonhap) -- Kumho Engineering & Construction Co.on Wednesday announced that it will sell stocks to raise capital.

According to a regulatory filing, the company will issue 319,671 common shares at a price of 161,000 won per share. The stocks will be sold to the investors that the firm designated.

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