APR Co.,Ltd announced that it expects to receive KRW 1.0000768 billion in funding from CJ ENM CO., Ltd.
June 13, 2023
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APR Co.,Ltd announced that it will issue 7,268 common shares at an issue price of KRW 137,600 for the gross proceeds of KRW 1,000,076,800 on June 14, 2023. The transaction will include participation from new investor, CJ ENM CO., Ltd. for 7,268 common shares. The transaction has been approved by the shareholders of the company and is expected to close on June 29, 2023.
CJ ENM Co Ltd, formerly CJ O Shopping Co Ltd, is a Korea-based company engaged in home shopping and catalogue sales business. The company operates its business through four segments. The Media Business segment provides broadcasting services through broadcasting channels such as TVN, OCN, and channel (CH) CGV, and sells broadcasting contents. The Commerce Business segment sells men's and women's underwear and apparel, accessories, bedding, electronics, cosmetics, sporting goods, furniture, household goods, kitchenware, food, and mobile phones through cable television home shopping networks, mail order, and the Internet. The Film and Performance Business segment is engaged in the production, distribution, and investment of movies, and operates the performance business. The Music Business segment is engaged in music production and distribution business.
CJ ENM CO., LTD. 
