[Edaily Reporter Shin Ha-yeon ] UNI CHEM.CO.,LTD(011330)announced on the 30th that the subscription for a 5 billion won third-party private placement, targeted at its largest shareholder, JH Saramin, was completed as scheduled.
The funds raised through this capital increase will be used to purchase raw materials and cover operating expenses in anticipation of the sales surge expected in the second half of the year, as well as to invest in new businesses to secure future growth engines. A view of UNI CHEM.CO.,LTD’s headquarters. (Photo courtesy of UNI CHEM.CO.,LTD) The company plans to secure a stable financial foundation while simultaneously strengthening the competitiveness of its existing businesses and accelerating the development of future ventures.
UNI CHEM.CO.,LTD expects to complete its business restructuring in the first half of the year and to see full-scale expansion of sales and improvement in profitability, centered on automotive materials, in the second half. The secured funds will be used to enhance production stability and supply response capabilities, while the company also plans to invest in future growth businesses in parallel.
A company official stated, “Thanks to the capital injection from our largest shareholder, we have secured the necessary funds to drive our business forward,” adding, “We will enhance corporate value by expanding sales in the second half of the year while simultaneously investing in future growth initiatives.”
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