If shares are to be issued as a result of the conversion, the issuance price of such new shares shall be that of the shares which existed before the conversion.
Laws › Commercial Act › Sub-Section 1 Shares and Share Certificates
Commercial Act — Article 348 (Issuance Price of Shares to be Issued as a result of Conversion)
상법 제348조
This English translation is based on the Korean text effective 2018-12-19. The Korean law has since been amended (current version effective 2026-09-10) — check the Korean original.
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