LIG will issue exchange bonds worth 100 billion won (EB) to secure financial resources to secure new growth engines.
According to LIG on the 6th, the target of EB worth 100 billion won is 1,897,658 shares of LIG Nex1 , an affiliate owned by LIG Co., Ltd.
It accounts for 8.6% of the total holdings. The exchange price per share is set at 58,815 won for one-year exchange bonds (491,980 shares) and 53,355 won for four-year exchange bonds (1,405,678 shares).
KCGI plans to participate in the investment by creating a 'KCGI-LIG New Growth ESG' fund. LIG will work together to strengthen ESG management and find new growth engines.
KCGI has successfully made a joint investment in in Inno Diaries, a 5G telecommunications company, with LIG Nex1, and plans to continue its partnership to secure LIG's growth engine.
Reporter Lee Ji-sun stockmk2020@gmail.com
