CJ 4DPLEX Co.,Ltd announced that it expects to receive funding from CJ CGV Co., Ltd., C&I Leisure Industry Co., Ltd.
December 30, 2016
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CJ 4DPLEX Co., Ltd announced a private placement of 28,614,625 common shares on December 1, 2016. The transaction will include participation from returning investors CJ CGV Co., Ltd. (KOSE:A079160) for 23,103,714 shares and C&I Leisure Industry Co., Ltd. for 5,510,911 shares.
CJ CGV Co Ltd is a Korea-based company mainly engaged in the operation of the movie theaters. The Company operates theaters to provide entertainment platform linked to shopping, dining and entertainment. Movie theaters include general movie theaters, as well as format theaters such as CINE de CHEF, Gold Class, 4DX, image max (IMAX) theaters. The Company is engaged in the sale of tickets, screen advertisements, equipment, as well as the operation of snack bars. In addition, the Company is involved of the consignment operation of the sites. The Company operates movie theaters within the domestic market and to overseas markets, including China, Turkey, Vietnam, Indonesia, Myanmar and America.