Seoul Electronics & Telecom Cuts New Share Issue Price to KRW 1,538 From KRW 1,613

Bitget2026/10/29 06:12

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Seoul Electronics & Telecom cut its capital increase issue price to KRW 1,538 per share from KRW 1,613 in a corrected filing.
The revised offering comprises 1,950,584 common shares, up from 1,859,886 shares.
Proceeds earmark KRW 1.5 billion for securities acquisitions, KRW 600 million for debt repayment, KRW 900 million for operations.
Payment is scheduled for November 27, 2026, with the new shares scheduled to list on December 21.

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. Seoul Electronics & Telecom 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: 20261029000299), on October 29, 2026, and is solely responsible for the information contained therein.

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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Seoul Electronics & Telecom Cuts New Share Issue Price to KRW 1,538 From KRW 1,613

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