Jeil M&S slashes capital 95.24% via 21 — for — 1 share consolidation
Jeil M&S set a capital reduction via share consolidation, cutting common shares outstanding to 7,793,731 from 165,888,193. Paid-in capital to fall to KRW 3.9 billion from KRW 82.94 billion; par value stays KRW 500 per share. Consolidation ratio set at 21-to-1 for existing shareholders’ shares and conversion shares; ove