The electronics arm of South Korea's Hyundai conglomerate wants to issue 600 million common new shares and convert other securities into 200 million shares by September. Each share would be valued at less than 5,000 won (3.9 dollars). Hyundai electronics (HEI) is seeking to extricate its semiconductor business from a prolonged liquidity crisis. Creditor banks agreed last week to help HEI and two other cash-strained Hyundai affiliates.