Pt. Yongjin Javasuka Garment announced that it will issue 125,000 shares at a price of KRW 259,960 per share for gross proceeds of KRW 32,495,000,000 on July 1, 2022. The transaction will include participation from returning investor, Hojeon Limited.

The transaction is expected to close on December 31, 2022. The investment will be acquired in installments according to the fund execution schedule. The transaction has been approved by board of directors of the investor.

The total number of issued shares of the company are 55,050 shares.