[Edaily Reporter KIM YOON-JEONG ] HENG SHENG GROUP COMPANY LIMITED(900270)announced on the 19th that it has decided to conduct a third-party private placement worth 5.24805 billion won to raise operating funds.
The number of new shares to be issued is 1,749,353 common shares, with an issue price of 2,100 won per share.
The recipient of the third-party allocation is the largest shareholder, Hui Mei Nga, and the new shares will be subject to a lock-up period for one year following issuance.
The payment date is the 27th, and the new shares are scheduled to be listed on September 23.
The number of new shares to be issued is 1,749,353 common shares, with an issue price of 2,100 won per share.
The recipient of the third-party allocation is the largest shareholder, Hui Mei Nga, and the new shares will be subject to a lock-up period for one year following issuance.
The payment date is the 27th, and the new shares are scheduled to be listed on September 23.
