Super Value Co., Ltd. announced a private placement of 3,924,850 shares at a price of Ñ1,014 per share for a gross proceeds of Ñ3,979,797,900 on February 6, 2023. The transaction will include participation from returning investors, Lopia Holdings Co., Ltd. The company issued shares through third party allocation method. The transaction is expected to close on February 24, 2023.

The transaction has been approved by the board of directors of the company.