[Edaily Reporter Park Jung-Soo ] WING YIP FOOD HOLDINGS GROUP(900340)announced on the 29th that it has decided to conduct a third-party private placement worth 22.4 billion won to raise operating funds. The shares will be issued to the company’s largest shareholder, WANG TINGFENG, and two others, totaling 14 million common shares. The issue price for the new shares is 1,600 won (based on a reference share price of 1,439 won, representing a premium of 11.10%). The new shares are scheduled to be listed on September 9.
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WING YIP FOOD HOLDINGS GROUP Decides on 22.4 Billion Won Rights Offering
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