KC Cottrell Co., Ltd. announced that it expects to receive KRW 8.8971475 billion in funding
July 06, 2021
Share
KC Cottrell Co., Ltd. announced a private placement of 1,547,330 common shares at a price of KRW 5,750 per share for the gross proceeds of KRW 8,897,147,500 on July 7, 2021. The transaction has been approved by board of directors. The transaction is expected to close on July 16, 2021.
KC Cottrell Co.,Ltd. is a Korea-based company engaged in the manufacture of environment equipment. The Company mainly provides three categories of products: dust collection systems, gas treatment systems and other new energy systems. Its dust collection systems include electrostatic precipitators (ESPs), reverse air fabric filters, pulse jet air fabric filters, ceramic filters and others. Its gas treatment systems include absorbers and auxiliary systems, limestone slurry preparation systems, flue gas systems, gypsum dewatering systems, waste water treatment systems, rotary atomizer systems and others. Its other new energy systems include ash handling systems, industrial machineries, and photovoltaic equipment. On May 22, 2013, the Company established a new wholly owned subsidiary, engaged in the bag filter business. On June 5, 2013, it acquired a 100% stake in a Korea-based company.
KC COTTRELL CO., LTD. 