Brief: CHUNGHO COMNET says private placement of common shares

Chungho ICT Co

10/05/2016 02:26

May 10 (Reuters) - CHUNGHO COMNET CO.,LTD   012600.KS  : 
       
    * Says it to issue 276,240 shares of common stock through 
private placement, with par value of 5,000 won per share, for 
debt-equity swap 
    * Sets issue price at 7,240 won per share, to raise proceeds 
of 2 billion won for equity investment funds 
    * Listing date of May 25 for the new shares         
     
     
    Source text in Korean: http://goo.gl/bYgdhp 
    Further company coverage: 012600.KS  
 
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Keywords: CHUNGHO COMNET/BRIEF