The Capital Market Authority approves the offering of 20% of Dokhoon National Trading Company in Nomu.
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The Capital Market Authority today approved Dokhoon National Trading Company's request to register its shares and offer 400,000 shares, representing 20% of its capital, on the parallel market.
The offering will be limited to the categories of qualified investors specified in the list of terms used in the Capital Market Authority's regulations and rules, and the offering prospectus will be published sufficiently in advance of the offering start date.
The Authority said in a statement today that qualified investors wishing to purchase the offered shares should carefully examine the information disclosed in the prospectus. If the prospectus' contents are difficult to understand, it is advisable to consult a licensed financial advisor before making any investment decisions.
She added that the Authority's approval of the application should not be viewed as an endorsement of the feasibility of investing in the offering or in the shares of the company in question, as the Authority's decision to approve the application means that regulatory requirements have been met in accordance with the Capital Market Law and its implementing regulations.
The Authority's approval of the application shall be effective for a period of six months from the date of the Authority's Board's decision. The approval shall be deemed void if the offering and listing of the company's shares is not completed within this period.
The offering will be limited to the categories of qualified investors specified in the list of terms used in the Capital Market Authority's regulations and rules, and the offering prospectus will be published sufficiently in advance of the offering start date.
The Authority said in a statement today that qualified investors wishing to purchase the offered shares should carefully examine the information disclosed in the prospectus. If the prospectus' contents are difficult to understand, it is advisable to consult a licensed financial advisor before making any investment decisions.
She added that the Authority's approval of the application should not be viewed as an endorsement of the feasibility of investing in the offering or in the shares of the company in question, as the Authority's decision to approve the application means that regulatory requirements have been met in accordance with the Capital Market Law and its implementing regulations.
The Authority's approval of the application shall be effective for a period of six months from the date of the Authority's Board's decision. The approval shall be deemed void if the offering and listing of the company's shares is not completed within this period.
