HJ Shipbuilding & Construction (KRX:097230) completed a third-party allotment of a little over 7 million common shares for about 210 billion won, following a board resolution on Sept. 12, according to a Wednesday filing on the Korea Stock Exchange.
The shares were issued at 29,910 won each, with payment received on Oct. 1. The new shares are scheduled to list on Oct. 28 and will be subject to a one-year lock-up, with registration at the Korea Securities Depository.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.