[Edaily Reporter Hyera Lee ] Omnisystem Co., Ltd(057540)announced on the 21st that it has decided to conduct a 5-for-1 stock consolidation to stabilize its stock price and enhance corporate value by maintaining an appropriate number of shares outstanding. The consolidation ratio is 5 common shares with a par value of 500 won each into 1 common share with a par value of 2,500 won. Accordingly, the total number of issued shares will decrease from 59,394,268 to 11,878,853. The new shares are scheduled to be listed on October 20.
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Omnisystem Co., Ltd Decides on 5-for-1 Stock Consolidation
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