[DISCLOSURE]
PLA (082390) will reduce capital for 62,372,590 common stocks and 117,429 preferred stocks, it announced on June 29. Its equity capital will decrease to 1.8 billion won (US$1.6 million) from 27.2 billion won. Its largest shareholder AR Rent Service’s common stocks will be consolidated at 50:1 ratio and the rest of common stocks at 15:1 ratio. The listing date for the new stocks is Oct. 7.
