Jaanh Cosmetics to raise 10 bln won via stock sale

영문경제 / 2021-09-13 18:11:36
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Jaanh Cosmetics-capital increase

Jaanh Cosmetics-capital increase

Jaanh Cosmetics to raise 10 bln won via stock sale

SEOUL, Sept13 (Yonhap) -- Jaanh Cosmetics Inc.on Monday announced that it will sell stocks to raise 10 billion won (US$8.5 million). The proceeds from the stock offering will be used primarily to finance its operations.

According to a regulatory filing, the company will issue some 2.2 million common shares at a price of 4,535 won per share. The stocks will be sold to the investors that the firm designated.

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