Reuters logo
Shares of Samsung Heavy down 27 pct on $1.4 bln rights offering plan
December 6, 2017 / 12:27 AM / 13 days ago

Shares of Samsung Heavy down 27 pct on $1.4 bln rights offering plan

SEOUL, Dec 6 (Reuters) - Shares of Samsung Heavy Industries slumped in morning trading on Wednesday to their lowest point in a year after the South Korean shipbuilder announced a $1.4 billion rights offering to improve its finances.

Its shares were down as much as 27 percent to their lowest level since mid-December in 2016. (Reporting by Hyunjoo Jin and Cynthia Kim; Editing by Paul Tait)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below