Korea Refractories Co., Ltd announced that it has received KRW 72.81372 billion in funding from KNX Co.,Ltd.
April 11, 2021
Share
On April 12, 2021, Korea Refractories Co., Ltd (KOSE:A010040) closed the transaction. The company amended the terms of the transaction and has now issued 18,203,430 common shares at an issue price of KRW 4,000 per share for gross proceeds of KRW 72,813,720,000.
KOREA REFRACTORIES.CO.,LTD is a Korea-based company engaged in the provision of refractories. The Company operates its businesses in three business segments: refractory segment, which provides shared refractories, including special high alumina bricks, fire clay bricks, unburned bricks, acid proof bricks, cordierite bricks, insulating fire bricks, unburned magnesia bricks and other, monolithic refractories, including castables refractories, plastic refractories, mortar and others, and non-ferrous metal powders; aluminum segment, which provides aluminum alloy and aluminum dross, and construction segment, which constructs industrial facilities, such as industrial furnaces and shaft furnaces.
KOREA REFRACTORIES CO., LTD 
