May 28, 2018 / 6:36 AM / 5 months ago

General Motor's S.Korean unit issues $804 mln in new preferred shares

SEOUL, May 28 (Reuters) - General Motors' South Korean unit said on Monday that it plans to issue preferred shares worth 863 billion won ($803.69 million).

GM Korea said in a regulatory filing that about 25.4 million new preferred shares will be issued in June. ($1 = 1,073.8000 won) (Reporting by Joyce Lee; Editing by Sunil Nair)

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