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South Korea's t'way Air secures $17mn shareholder backing
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South Korea's t'way Air secures $17mn shareholder backing
t'way Air (TW, Daegu) will receive full participation from its largest shareholder, Sono International, in a rights offering covering 26,850,000 ordinary shares allocated to existing shareholders. The subscription equals KRW25.6 billion won (USD17.2 million) and represents 34.9% of the 76,985,450 shares to be issued under the capital increase running March 11-12, 2026. If fully subscribed, the offering will raise KRW73.3 billion (USD49.1 million…
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