FLC Corp. announced that it expects to receive KRW 3 billion in funding from KIS Information & Communication, Inc., Nice D&B Co., Ltd., Nice Information & Telecommunication, Inc., NICE Information Service Co., Ltd., Nice Investors Service Co. Ltd., and NICE Total Cash Management Co., Ltd.
June 11, 2013 at 12:00 am EDT
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FLC Corp. announced a private placement of 600,000 preferred shares at KRW 5,000 per share KRW 3,000,000,000 on June 11, 2013. The round will include participation from KIS Information & Communication, Inc., Nice D&B Co., Ltd., Nice Information & Telecommunication, Inc., NICE Information Service Co., Ltd., Nice Investors Service Co.
Ltd., and NICE Total Cash Management Co., Ltd. who will subscribe to 100,000 shares each. The company will issue shares by 3rd party allotment. The payment date for the transaction will be June 25, 2013.
The transaction was approved by the board of directors of the company.
NICE D&B CO., LTD. is a Korea-based company mainly engaged in provision of commercial credit check and credit inquiry services. The Company specializes in providing information used for general commercial transactions. It provides enterprise information services, credit certification services, account management services and credit assessment systems. The Company provides domestic and overseas enterprisesâ information, Dun and Bradstreet (D&B) business information reports (BIRs) and others. The credit certification services provide credit ratings and other information to influence purchase and dealing processes. The account management service monitors credit rating changes and risk factors, and provides financial information and others. The credit assessment systems develop its business for domestic companies who established foreign branches.
FLC Corp. announced that it expects to receive KRW 3 billion in funding from KIS Information & Communication, Inc., Nice D&B Co., Ltd., Nice Information & Telecommunication, Inc., NICE Information Service Co., Ltd., Nice Investors Service Co. Ltd., and NICE Total Cash Management Co., Ltd.
NICE D&B CO., LTD. 
