Rfbio Co., Ltd. announced that it has received KRW 15 billion in funding from RFTech Co., Ltd.
January 03, 2021
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Rfbio Co., Ltd. announced that it has issued 390,625 shares at an issue price of KRW 38,400 for gross proceeds of KRW 15,000,000,000 on January 4, 2021. The transaction included participation from returning investor RFTech Co., Ltd. (KOSDAQ:A061040). The transaction has been approved by the board of directors of the investor.
RFTech Co.,Ltd. is a Korea-based company mainly engaged in the manufacturing and marketing of value-added products for mobile phones. The Company's mobile phone parts consist of mobile phone chargers, travel chargers, hands-free kits, data link kits, digital multimedia broadcasting (DMB) antennas, data link cables (DLCs), cell phone stylus pens, radio frequency (RF) modules and other accessories. It also involves in the provision of industrial light emitting diode (LED) lightings such as system bar LED lightings, planar lightings, round lightings and others. The Company acts as an original development & design manufacturer (ODM) of Samsung Electronics. It distributes products within domestic market and to overseas markets.
RFTECH CO., LTD. 
