CheonLab, 73.2 Billion KRW Paid-in Capital Increase... Third-Party Allocation to CJ CheilJedang
[Asia Economy Reporter Moon Hyewon] Cheonlab, a KOSDAQ-listed company, announced on the 21st that it has decided to raise approximately 73.2 billion KRW through a third-party allotment paid-in capital increase to secure operating funds.
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New shares of 1,954,924 common stocks will be issued at 37,465 KRW per share. The third-party allotment recipient is CJ CheilJedang (the largest shareholder after the change, 1,954,924 shares).
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