Meritz Securities to Inject KRW 50 Billion into Meritz Capital via Rights Offering
Kim Jisun
stockmk2020@alphabiz.co.kr | 2025-06-10 03:42:09
Photo = Yonhap news
[Alpha Biz= Kim Jisun] Meritz Securities, a subsidiary of Meritz Financial Group, announced on June 9 that it will conduct a rights offering worth KRW 50 billion to support its wholly owned subsidiary, Meritz Capital.
According to the regulatory filing, Meritz Securities plans to issue 4 million new common shares at KRW 12,500 per share.
The company stated that the capital increase is a "preemptive measure to maintain capital soundness in response to Meritz Capital’s participation in its own rights offering."
On the same day, Meritz Capital also disclosed plans to raise KRW 50 billion by issuing 1 million new shares at KRW 5,000 per share.
[ⓒ AlphaBIZ. 무단전재-재배포 금지]
많이 본 기사
- 1Airfare Surges as Fuel Surcharges Triple Amid U.S.-Iran Conflict; Record Monthly Hike Stuns Market
- 2Retailers Brace for BTS Comeback Concert Crowd in Seoul
- 3SoftBank’s PayPay Debuts on Nasdaq with 13.5% Surge, Valuation Hits $12.1 Billion
- 4Shinhan Bank Uncovers $1.5 Million Financial Fraud Stemming from 2021 Lending Dispute
- 5Japanese Automakers Split on EV Strategy as Toyota Expands Lineup and Honda Pulls Back
- 6KL&Partners to Put Mom’s Touch on Market; Valuation Expected to Reach $1 Billion