Samsung Heavy Industries is holding a special shareholders meeting to okay a capital increase as part of its restructuring with creditors.

The vote will be taken on 19 August, the yard said.

Samsung wants to increase the upper limit of shares it can sell from 240m currently.

It has already sold 231m shares under this authorisation.

​No details on the size of the increase have been released, but its share capital is tipped to reach KRW 1 trillion ($846m).

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