IGIS Value Plus REIT Issues 18M Shares in 5th Rights Offering, Diluting Shares by 35%

Completed 5th rights offering: issued 18,005,214 shares at 3,910 won each, raising 70.2 billion won, increasing total shares by 35%
All proceeds used to repay debt (bridge loan of 53.1 billion won, corporate bonds of 10 billion won, etc.)
Consolidated net income for 13th half-year period: 11.9 billion won (controlling), EPS 188 won (down from 242 won in prior period due to dilution)
Proposed dividend per share: 160 won (decreased from prior period's effective 172 won), dividend yield 3.2%
Debt-to-total-capital ratio improved: consolidated 32.7% to 19.7%, separate 28.2% to 14.5%
No share buyback or cancellation