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Suntech Replaces Subscriber for 7,538 Shares in Private Placement

PUBT·10/27/2026 06:53:17
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Suntech Replaces Subscriber for 7,538 Shares in Private Placement
  • Suntech corrected its capital increase disclosure on Oct. 27, 2026, replacing subscriber Lee Eun-ok with Lee Yong-hwan.
  • The replacement subscriber’s allocation remains unchanged at 7,538 shares for KRW 99.99 million.
  • Planned operating spending for 2026 was corrected to KRW 201 million from KRW 200 million.
  • The third-party allotment comprises 113,074 common shares priced at KRW 13,265 each.
  • Payment is due Nov. 3, 2026; the new shares are scheduled to list Nov. 19.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Suntech Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261027000238), on October 27, 2026, and is solely responsible for the information contained therein.