KH E&T Co., Ltd. announced a private placement of 1,412,430 common shares at an issue price of KRW 1,770 per share for gross proceeds of KRW 2,500,001,100 on July 12, 2021. The transaction will involve participation from returning investor KH Feelux Co., Ltd. The shares will be issued through third party allotment, will carry a face value of KRW 100, and will be issued at a premium. The shares have a hold period of one year.

The transaction is expected to close on October 26, 2021. The schedule listing date of the shares will be November 10, 2021. The transaction was approved by the board of directors of the company.