Komico to raise 20 bln won via stock offering

Komico-capital increase

Komico to raise 20 bln won via stock offering

SEOUL, MAY 31 (Yonhap) -- Komico Ltd.on Wednesday announced that it will sell stock to raise 20 billion won The proceeds from the stock sale will be used mainly to finance stock acquisition.

According to a regulatory filing, the company will issue 440,237 common shares at a price of 45,430 won per share. The stock will be sold to the investors that the firm designated.

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