Maeil Broadcasting Network announced that it expects to receive KRW 1.8000081 billion in funding from Bubang Co., Ltd., Hansae Co., Ltd., SD BioSensor, Inc, Nmedia Co., Ltd., HANSHIN Engineering & Construction Co., Ltd., Ex-In Housing Co., Ltd. and another investor
June 21, 2022
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Maeil Broadcasting Network announced that it will issue 297,522 common shares at a price of KRW 6,050 per share for gross proceeds of KRW 1,800,008,100 on June 22, 2022. The transaction will include participation from new investors Bubang Co., Ltd. for 66,116 shares, Hansae Co., Ltd. for 49,587 shares, SD BioSensor, Inc for 49,587 shares, Nmedia Co., Ltd. for 49,587 shares, HANSHIN Engineering & Construction Co., Ltd. for 33,058 shares, Ex-In Housing Co., Ltd. for 16,529 shares, Webcash I&C for 16,529 shares and individual investor Kim, Jin Woo for 16,529 shares. The expected payment date of the transaction is July 8, 2022.
The transaction has been approved by the board of directors of the company. All securities issued in the transaction are subject to a hold period of 1 year from the date of issuance.
SD Biosensor Inc is a Korea-based company mainly engaged in the development and sale of in vitro diagnostics. The Company is engaged in the immunochemical diagnosis, molecular diagnosis, point-of-care diagnosis (POCTs), and self blood glucose measurement business. The Company is engaged in the research, development and sale of products such as rapid immunochemical diagnosis products, immunochemical fluorescence diagnosis products, molecular diagnosis products, enzyme immunological reaction diagnosis products and others. The Company distributes its products within domestic market and to overseas markets.
Maeil Broadcasting Network announced that it expects to receive KRW 1.8000081 billion in funding from Bubang Co., Ltd., Hansae Co., Ltd., SD BioSensor, Inc, Nmedia Co., Ltd., HANSHIN Engineering & Construction Co., Ltd., Ex-In Housing Co., Ltd. and another investor