SOUTH KOREA'S SAEHAN INDUSTRIES TO WRITE DOWN CAPITAL AT 3:1.
Publication: AsiaPulse News
Publication Date: 03-NOV-03
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SEOUL, Nov 3 Asia Pulse - South Korean textile maker Saehan Industries (KSE:008000)said Friday it would reduce its capital at a ratio of three shares to one to improve its financial structure.
The capital write-down will reduce the company's total shares outstanding to some 44.8 million shares from 134.6...
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