KRX:004710

2 stories mentioning KRX:004710Updated 9h ago

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Hansol Technics' Rights Offering Oversubscribed 20 Times

Hansol Technics (KRX:004710) saw its rights offering for 12.4 million common shares oversubscribed 20 times, according to a Korea bourse filing on Tuesday.The offering closed on July 20 with total subscriptions reaching nearly 248.5 million shares.Employee stock purchase plans and existing shareholders subscribed to 11.97 million shares, covering 96.46% of the offering, leaving 439,416 fully taken up by the public offering.The general public subscription alone attracted bids for 236.6 million shares, equivalent to 53,833% of the available allotment.Proceeds are expected to be settled on July 22, with the new shares scheduled to begin trading on Aug. 4.

KRX:004710

Asia46d ago

Hansol Technics to Finalize Rights Offering Price on July 9; Shares Decline Over 6%

Hansol Technics (KRX:004710) said the preliminary issue price for its planned rights offering is 9,350 won, and the final price is expected to be disclosed on July 9, according to a Friday filing with the Korea Exchange.The final issue price will be the lower of the first and second issue prices, the filing said.Shares of Hansol Technics fell more than 6% in recent trade.

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