Asia
Koas to Dispose of KRW1.73 Billion in Convertible Bonds of JK Synapse
Koas (KRX:071950) plans to sell 1.73 billion won worth of Series 32 zero-coupon unsecured, unguaranteed, bearer-type convertible bonds issued by JK Synapse, according to a Monday filing with the Korean Exchange.The disposal, scheduled to take place on Aug. 3, represents 4.98% of Koas' equity capital.The convertible bonds were originally acquired on Dec. 29, 2025, with a total face value of 5 billion won, the filing said.Shares of the multi-use furniture manufacturer plunged over 29% at market close.
KRX:071950
