Daehan Steel unit Daehan Networks launches rights issue of 150,046 shares at KRW 207,438 each
Bitget2026/10/07 06:37Daehan Steel unit Daehan Networks to raise KRW 31.13 billion via a shareholder-allotted paid-in capital increase. Issuance set at 150,046 common shares priced at KRW 207,438 each; record date, payment date set for Nov. 30, 2026. Proceeds earmarked mainly for facilities investment, securities acquisitions, working capital. Transaction structured as an in-kind contribution of Daehan Steel assets, including stakes in four unlisted companies. Daehan Steel will keep a 100% stake in Daehan Networks following the capital increase. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Daehan Steel Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261007800324), on October 07, 2026, and is solely responsible for the information contained therein.
- Daehan Steel unit Daehan Networks to raise KRW 31.13 billion via a shareholder-allotted paid-in capital increase.
- Issuance set at 150,046 common shares priced at KRW 207,438 each; record date, payment date set for Nov. 30, 2026.
- Proceeds earmarked mainly for facilities investment, securities acquisitions, working capital.
- Transaction structured as an in-kind contribution of Daehan Steel assets, including stakes in four unlisted companies.
- Daehan Steel will keep a 100% stake in Daehan Networks following the capital increase.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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