China Ocean Resources to issue 3m stocks for W12b capital increase
By 황유미Published : Aug. 19, 2016 - 17:13
[DISCLOSURE] China Ocean Resources (900050) announced on Aug. 19 that it will issue 3 million stocks worth 12 billion won (US$10.82 million) and offer to Ocean Ample Overseas and a Hong Kong investment firm owned by its largest stakeholder Zhang Hou Li’s son to solve its financial difficulties.
By Hwang You-mee (glamazon@heraldcorp.com)
By Hwang You-mee (glamazon@heraldcorp.com)