Dec 21, 2020 / 07:30AM GMT
Yong Yin Shin - Hanwha Solutions Corp - CFO
Good evening. I am Yong Yin Shin, current Chief Financial Officer of Hanwha Solutions. This is my great pleasure to welcome all the investors, analysts, and reporters to today's presentation. Thank you all for making the time.
I would now like to begin today's presentation in regards to Hanwha Solutions' paid-in capital increase and new share offering. Please refer to the presentation material provided through our website. First, I would like to start by presenting the details of the capital increase. Allow me to bring your attention to page 4 and 5 of the presentation material.
Today morning, Seoul local time, our Board of Directors have approved a paid-in capital increase of KRW1.2 trillion. The capital increase will be funded through an issuance of newly registered common stocks amounting to a total of 31,414,000 shares. New shares will primarily be allocated to our existing shareholders, followed by a public offering of all remaining that are forfeited. The tentative price of a new share is KRW38,200, which will be finalized on February 29,
Hanwha Solutions Rights Offering Conference Call Transcript
Dec 21, 2020
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