Brief: CHUNGHO COMNET plans private placement for 6 bln won

Chungho ICT Co

11/05/2016 09:03

May 11 (Reuters) - CHUNGHO COMNET CO.,LTD   012600.KS   
     
    * Says it to issue 829,870 shares of common stock through 
private placement, with par value of 5,000 won per share, for 
debt-equity swap 
    * Sets issue price at 7,230 won per share, to raise proceeds 
of 6 billion won for operations 
    * Listing date of May 31 for the new shares 
     
     
    Source text in Korean: http://goo.gl/xQaE5K 
    Further company coverage: 012600.KS  
 
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Keywords: CHUNGHO COMNET/BRIEF