ChinHung International, Inc. (KOSE:A002780) announced a private placement of 335,387 shares at a price of KRW 850 for gross proceeds of KRW 285,078,950 on November 7, 2018. The shares are issued at a premium of KRW 350. The company issued securities through third party allotment method.

The payment date is November 15, 2018. The transaction will include participation from returning investor Hyosung Heavy Industries Corporation (KOSE:A298040)