Finance · 5 sources combined
Ecoprobe BM raises capital
New shares listed November 5
In short
Ecoprobe BM conducted a paid-in capital increase targeting employees and existing shareholders.
The subscription rate exceeded the target at 103.25%.
The raised funds will be invested in production facilities in Indonesia and Hungary.
Key facts
| When | Subscription results were announced on October 19, and new shares will be listed on November 5. |
|---|---|
| Who | Ecoprobe BM conducted a paid-in capital increase targeting its employee stock ownership association and existing shareholders. |
| What | Against 9.9099 million planned shares, 10.2226 million shares were subscribed, recording a subscription rate of 103.25%. |
| How | Of the raised funds, 765 billion won will be invested in an Indonesian nickel refinery and 121.1 billion won in a Hungarian factory. |
What it means for me
If you are an Ecoprobe BM shareholder, you should check the change in share count following the November 5 listing of new shares.
