Conversion of Hynix Semiconductor Convertible Bonds(Jun. 7, 2002)
2002-06-08On June 1, 2002, Kookmin Bank converted its convertible bonds of Hynix Semiconductor (the “Company”) into common shares in the amount of 174 billion Won, as agreed by the creditors of the Company on April 29, 2002.
1. Information on the Company
• Company name: Hynix Semiconductor
• Paid-in Capital: 26,217 billion Won
• Issued and outstanding shares: 5,239,972,289 shares
2. Details of Kookmin Bank investment
• Amount of Investment: 174 billion Won
• Number of shares owned after this investment: 246,276,836 shares
• Kookmin Bank’ s stake in the company: 4.70%
This will bring Kookmin Bank’s total investment in equities for this fiscal year, excluding investments in subsidiaries, to 335.9 billion Won, which is equal to 22.4% of Kookmin Bank’s paid in capital as of December 31, 2001.