UMS: KDR update. 
Plans to issue up to 110m new shares to support the issue of 11m KDRs (10:1 share/ KDR ratio), which results in 32% share dilution. 
KB Invmt & Securities is the Korean Book Runner. 
80% of net proceeds to be used for invmt in PPE and acquisitions, with remainder used for working capital. 
Circular to be sent to sh/h for approval to amend company articles to comply with KRX listing rules. 
Co will submit the application for KRX listing in due course.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment