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Ecopro subsidiary to improve financial structure through stock sales and capital increase
By 황유미Published : June 15, 2016 - 16:14
[DISCLOSURE] Ecopro Co (086520) will obtain 20 billion shares of its affiliate BM Holding at 20 billion won ($17 million), it announced on June 15.
The primary cells and batteries manufacturer’s subsidiary Ecopro BM will increase its capital to finance 30 billion won for equipment by issuing stocks with third-party allotment to BM Holding, it said in a separate statement.
The primary cells and batteries manufacturer’s subsidiary Ecopro BM will increase its capital to finance 30 billion won for equipment by issuing stocks with third-party allotment to BM Holding, it said in a separate statement.
