EcoProBM has submitted a revised report maintaining its plan for a 1.2 trillion won capital increase.
According to the Financial Supervisory Service's electronic disclosure system on August 10, EcoProBM announced that it submitted a self-correcting report related to the capital increase on August 7.
The new shares to be issued total 9,909,990, with a planned issuance price of 121,200 won per share. Both the issuance scale and price remain unchanged. However, the revised report includes detailed plans for the use of the funds raised, including investments in the BNSI nickel refinery in Indonesia, which is the core purpose of the capital increase.
EcoProBM decided on June 30 to pursue a capital increase of 1.2 trillion won through a public offering of unallocated shares. Following a request from the Financial Supervisory Service for a report correction on July 14, the company submitted its first revised report on July 24 but voluntarily corrected it again before an official judgment from the agency.
With a second shareholder meeting scheduled for the 21st and the revised report set to take effect on the 25th, the success of the capital increase will depend on convincing shareholders and generating interest.
* This article has been translated by AI.
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