HYUNDAI BIOSCIENCE stock is soaring early on the 11th. This appears to be due to news that the company decided on a free capital increase.
As of 9:21 a.m. on that day, HYUNDAI BIOSCIENCE stock is trading at 13,340 won, up 24.31% (2,630 won) compared to the previous trading day in the KOSDAQ market.
Previously, HYUNDAI BIOSCIENCE announced that it had decided on a free capital increase, allocating one new share for every common share.
The new shares being issued in this capital increase will total 48,019,352 shares, with 2,256 treasury shares excluded from the allocation. The record date for the allocation of new shares is the 25th, and the listing date is scheduled for the 14th of next month.
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