The Korea Herald

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Hysonic to fund affiliate's US$9.2m capital increase

By 황유미

Published : June 27, 2016 - 17:53

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[DISCLOSURE] Hysonic (106080) announced on June 27 that its subsidiary Hy Investment has decided on a 10.8 billion won (US$9.2 million) capital increase with third party allotment to finance operations. A total of 21.6 million stocks will be issued at 500 won each and Hysonic will purchase them with cash.