Hybe-capital increase
Hybe to raise 700 bln won via stock sale
SEOUL, NOVEMBER 4 (Yonhap) -- Hybe Co.on Thursday announced that it will sell stocks to raise 700 billion won The proceeds from the stock offering will be used primarily to finance stock acquisition.
According to a regulatory filing, the company will issue some 2.3 million common shares at a price of 304,008 won per share. The stocks will be sold to the investors that the firm designated.
(END)
(C) Yonhap News Agency. All Rights Reserved
