Daishin Securities' Equity-Linked Bond Offering 49% Subscribed
MT Newswires Live
Sep 29
Daishin Securities' (KRX:003540) 3 billion won equity-linked bond offering saw only 1.48 billion won subscribed, a subscription ratio of 49.29%.
Shares of the company were down over 2% in recent trade.
The single subscriber was allotted the full amount subscribed, according to a bourse filing on Tuesday.
Subscription, closing and payment all took place on Sept. 28, with no underwriting institutions involved.
Since total subscriptions fell below 100% of the offering amount, the issuance closed with full payment received and the entire subscribed amount allotted.
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