SK Gas : Decision on Paid-in Capital Increase (Material Business Matters of Subsidiary Company)
April 19, 2022 at 09:44 am
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Decision on Paid-In Capital Increase (Material Business Matters of Subsidiary Company)
Subsidiary company
Ulsan GPS Corporation
's material business matters to report
1. Class and number of new shares
Common stock (shrs.)
21,000,000
Different classes of stocks (shrs.)
-
2. Par value per share (KRW)
5,000
3. Total number of shares issued before increase of capital stock
Common stock (shrs.)
47,982,000
Different classes of stocks (shrs.)
-
4. Purpose of financing
Facility investment (KRW)
94,500,000,000
Business acquisition (KRW)
-
Operating capital (KRW)
10,500,000,000
Debt repayment (KRW)
-
Acquisition of securities issued by other corporations (KRW)
-
Other purposes (KRW)
-
5. Method of capital increase
Rights offering
[Rights Offering]
6. Issuing price of new shares
Final Issuing price
Common stock (KRW)
5,000
Different classes of stocks (KRW)
-
Expected issuing price
Common stock (KRW)
-
Expected date of finalization
-
Different classes of stocks (KRW)
-
Expected date of finalization
-
7. Calculation method of issuing price
Applying par value per share
8. Record date for new share allotment
2022-04-14
9. Number of new shares per outstanding share
0.4376641
10. Preferential allotment ratio for employee stock ownership association (%)
-
11. Scheduled date of subscription
Employee shares ownership association
Start date
-
End date
-
Existing shareholders
Start date
2022-05-10
End date
2022-05-10
12. Date for payment of subscription money
2022-05-12
13. Plan for handling forfeited shares
It is decided by resolution of the board of directors to allocate preferentially to existing shareholders.
14. Record date of dividend payout
2022-01-01
15. Scheduled delivery date of new share certificates
-
16. Lead underwriter (in case of indirect offering)
-
17. Transfer of preemptive rights to new shares?
No
18. Date of board resolution (decision date)
2022-04-14
- Attendance of outside directors
Present (No.)
-
Absent (No.)
-
- Attendance of auditors (members of Audit Committee who are not outside directors)
Present
19. Subject to filing of securities registration statement?
No
20. Reasons for exemption from filing securities registration statement, if exempted
It is not applicable to the public offering or sale (recommendation for subscription to 50 or more persons) under Paragraph 7 of Article 9 of the Financial Investment Services and Capital Markets Act.
21. Subject to reporting to the Fair Trade Commission?
Yes
22. Other matters to be factored into investment decisions
- The above '15. Scheduled delivery date of new share certificates' has been omitted as Ulsan GPS Corporation does not issue share certificates.
- The above '18. Date of board resolution (Decision date)' is the date of resolution by the board of Ulsan GPS Corporation.
※ Related disclosure
-
[Details of Subsidiary Company]
Name of subsidiary company
울산지피에스 주식회사
Name in English
Ulsan GPS Corporation
- Representative
Cho Seung Ho
- Main business
(LNG/LPG)Combined cycle thermal power generation business
- Major subsidiary company?
No
Total assets of subsidiary company (KRW)
237,586,782,915
Consolidated total assets of parent company (KRW)
5,121,535,471,833
Ratio to consolidated total assets of parent company (%)
4.64
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Disclaimer
SK GAS Ltd. published this content on 19 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 April 2022 08:43:06 UTC.
SK Gas Ltd is a Korea-based company engaged in the import, storage and marketing of liquid petroleum gas (LPG). The Company imports LPG from the Middle East countries, such as Saudi Arabia, Kuwait and the United Arab Emirates, and provides LGP to domestic oil refineries, petrochemical companies, gas stations and other industries. The Company also operates storage terminals in Ulsan and Pyeongtaek, Korea. The Company also exports LPG to overseas markets.