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General Motor's South Korean unit issues $804 million in new preferred shares

General Motor's South Korean unit issues $804 million in new preferred shares
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SEOUL (Reuters) – General Motors’ <GM.N> 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.

(Reporting by Joyce Lee; Editing by Sunil Nair)

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