[Edaily Reporter KIM YOON-JEONG ] Daesung Private Equity, Inc.(027830)announced on the 28th that it has decided to consolidate five common shares into one.
As a result, the par value per common share will increase from 500 won to 2,500 won, and the total number of issued shares will decrease from 54 million to 10.8 million.
The company explained that the purpose of the consolidation is to “stabilize the stock price and enhance corporate value by maintaining an appropriate number of shares in circulation.”
As a result, the par value per common share will increase from 500 won to 2,500 won, and the total number of issued shares will decrease from 54 million to 10.8 million.
The company explained that the purpose of the consolidation is to “stabilize the stock price and enhance corporate value by maintaining an appropriate number of shares in circulation.”
