April 24, 2024
Market Now
POSCO Energy to raise capital by W245b
[DISCLOSURE] POSCO Energy announced on Feb. 23 that it has decided to issue 8,643,193 shares with third-party allotment to deliver 245 billion won (US$214.91 million).
The shares are redeemable convertible preference stocks and the rights can be exercised every year after three years and will be converted to common stocks after 10 years, said the company.
(theinvestor@heraldcorp.com)
The shares are redeemable convertible preference stocks and the rights can be exercised every year after three years and will be converted to common stocks after 10 years, said the company.
(theinvestor@heraldcorp.com)
