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The Korea Herald
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THE INVESTOR
April 20, 2024

Market Now

LINE Financial to raise capital by W139.2b

  • PUBLISHED :November 28, 2018 - 12:01
  • UPDATED :November 28, 2018 - 12:01
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[DISCLOSURE] Naver (035420) announced on Nov. 27 that its subsidiary LINE Financial has decided to issue 1.4 million shares and offer to shareholders for a 139.29 billion won (US$123.52 million) capital raise to finance operations and acquisition of other entity’s securities. 

By Hwang You-mee (glamazon@heraldcorp.com)

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