[Edaily Reporter Hyera Lee ] Winhaitech ( WINHITECH CO., Ltd.(192390)), a leading company in comprehensive building materials technology innovation, announced on the 8th that it had resolved at a board meeting held the previous day to conduct a third-party private placement worth approximately 2 billion won. WINHITECH CO., Ltd. CI. (Photo = WINHITECH CO., Ltd.) The new shares are scheduled to be listed on the 11th of next month. The issue price for this capital increase is set at 2,139 won per share, representing a 29% premium over the base price of 1,658 won per share. This capital increase is being conducted for S&Global, the company’s largest shareholder. The company explained that the purpose of this capital increase is to raise funds for research and development and other business objectives.
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