Kopla to raise 30.9 bln won via stock offering

Kopla-capital increase

Kopla to raise 30.9 bln won via stock offering

SEOUL, Nov. 4 (Yonhap) -- Kopla Co.on Thursday announced that it will sell stocks to raise 30.9 billion won (US$26.1 million). The proceeds from the stock sale will be used mainly to finance operations.

According to a regulatory filing, the company will issue some 3.62 million common shares at a price of 8,520 won per share. The stocks will be sold to the investors that the firm designated.

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