KRX:011790

2 stories mentioning KRX:011790Updated 41d ago

Every FINWIRES story that references KRX:011790, newest first.

SKC to Raise KRW1.167 Trillion via Shares Issuance; Shares Decline 3%

SK Group's chemical and materials unit SKC (KRX:011790) plans to issue 11.7 million new shares, valued at 1.167 trillion won, according to a filing with the Korea Exchange on Wednesday.The shares will be issued at 99,500 won apiece, the filing said.A portion of the proceeds will be used to secure customer certification for glass substrates and establish a mass production system. SKC will also use the funds to repay borrowings.Shares of the company fell over 3% in recent trade.

KRX:011790

Asia55d ago

SKC Narrows Loss in Q1

SKC (KRX:011790) posted a first-quarter net loss attributable to shareholders of 81.6 billion won, narrowing from 104.9 billion won a year earlier, according to a Wednesday filing with the Korea Exchange.Sales of the chemicals company were up 13% year over year to 496.6 billion won from 437.9 billion won.Shares of SKC fell more than 1% at market close.

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