Daekyo Co., Ltd. announced that it has received KRW 981.40383 million in funding from Mirae Asset Daewoo Co., Ltd., Investment Arm
May 03, 2020
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On May 4, 2020, Daekyo Co., Ltd. (KOSE:A019680) closed the transaction. The company has raised a gross proceeds of KRW 981,403,830 in the transaction. The company has raised KRW 99,675,520 in its second tranche through the issuance of 37,472 treasury preferred stock at a price of KRW 2,660 per share. The tranche included participation from Mirae Asset Daewoo Co., Ltd., Investment Arm.
Daekyo Co Ltd is a Korea-based company mainly engaged in the domestic education service and publishing business. The Company operates its business through four segments. The Education Service and Publishing segment provides day home tutoring services and online education services. In addition, it is also involved in the learning center business, educational publishing business, and academy business. The Educational Institution segment is involved in the provision of education programs for early childhood education institutions and afterschool classes. The Overseas Education Business segment is involved in the learning center business, and the provision of day home tutoring services. The Other segment is engaged in the asset and investment management business.
DAEKYO CO., LTD. 
