Brief: JOOYON TECH announces private placement of common shares

Jooyon Tech Co

09/05/2016 09:29

May 9 (Reuters) - JOOYON TECH CO.,LTD.  044380.KS  : 
     
    * Says it to issue 14,285,71 shares of common stock through 
private placement, with par value of 100 won per share, for 
debt-equity swap 
    * Sets issue price at 770 won per share, to raise proceeds 
of 11 billion won for operations 
    * Listing date of June 17 for the new shares 
     
     
    Source text in Korean: http://goo.gl/Xr0GTF 
    Further company coverage: 044380.KS  
 
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Keywords: JOOYON TECH/BRIEF