The Korea Herald

지나쌤

Elentec's rights offering oversubscribed

By 황유미

Published : June 22, 2016 - 14:39

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[DISCLOSURE] Elentec (054210) announced on June 22 that its existing shareholders have oversubscribed its offering that closed on June 21. The mobile phone parts company will issue 4 million stocks at 5,100 won (US$4.42) per share for capital increase and recorded 107.14 percent of subscription. The due date for subscription payment is June 28.