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EcoProBYM Completes 1.2 Trillion Won Equity Offering, 65.5% of Shareholders Oppose Regulatory Review

2026-07-14 00:10:05

According to Yonhap Infomax, on July 14, EcoProBYM announced the completion of its equity offering, raising 1.2 trillion Korean won through the issuance of 9.9 million common shares. Of the proceeds, 765 billion won will be invested in a stake in the BNSI smelter in Indonesia's International Green Industrial Park, 150 billion won will be allocated to its Hungarian operations, 150 billion won for facility investments, and 135 billion won for working capital. A shareholder vote on the financing showed 65.5% opposition to petitioning the Financial Supervisory Service for enhanced scrutiny of the offering.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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