Registered : 2011.04.17 | HIT : 3081 | |
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Subject: | Successful Rights Issuance of 200 Billion Won | |
Busan Bank successfully issued rights of 200 billion won on March 27, 2009. 40 million new shares were listed at a fixed price of 5,000 won per share for Busan Bank. The estimated BIS and Tier 1 Ratio will exceed 14% and 9% each. Due to clause 197-1 in the Securities and Exchange Act, 20% priority of new issuance was given to the Employee Stock Ownership Association. |