|Regarding New Shares issue by Debt - Equity Swap|
Our rehabilitation plan was approved by Court on Feb. 5 thanks to your full support to revive Nexolon as your business partner.
As per rehabilitation plan, payment methods are split into two parts. One is to issue new shares as debt-to-equity swap and the other is to pay down as cash.
New shares will be issued not later than March 20, 2015 and the payment will be made from 2021 to 2014.
We hereby request the documents as follow.
-Certificate of inscription (if certificate of inscription is not available, the document to identify oneself should be required.)
-Copy of Stock Card of which account is established by the Securities Co. under Korea Financial Investment Services and Capital Markets Acts
-Copy of bank account
2. All the document required should be submitted by either of the methods as follow.
-Fax no. : +82-2-2046-7070
-E-mail : email@example.com
-Postal Address : 4th floor BNF building,
629 Gangnam-daero, Seocho-gu,
Seoul 137-902, Korea
*Note: reception desk is Finance Team at Nexolon
3. All the document required should be submitted not later than Feb. 13th, 2015.
4. Should be any questions, don¡¯t hesitate to reach the phone numbers as follow.
Telephone No: +82-2-2046-7025, 7029, 7081
¡à If the above documents required would not submitted until Feb. 13th, 2015, you can visit the securities custodian, KB Koomin Bank at Yoido, and take the stocks issued, which are real things.
¡à You can figure out the value of debt-to-equity and number stocks when you visit the website (www.nexolon.com)
From the bottom of our heart, we appreciate once again that you have fully supported.
We will also make our best efforts to perform the rehabilitation plan as scheduled.