CUROHOLDINGS Co., Ltd. (KOSDAQ:A051780) announced a private placement of 4,429,770 common shares at a price of KRW 683 per share for gross proceeds of KRW 3,025,532,910 on December 6, 2019. The common shares have a par value of KRW 500 per share, and will be issued at premium. Post transaction, the total number of issued shares of the company will be 63,416,213. All securities to be issued will be subject to transfer restrictions for a period of 1 year. The transaction has been approved by the board of directors of the company, and is expected to close on December 16, 2019.