Taihan Construction & Service Co., Ltd. announced a private placement of 60,000 common shares at a price of KRW 5,000 for gross proceeds of KRW 300,000,000 on December 13, 2021. The company will issue common shares on shareholder allocation increase basis. The transaction will include participation from Taihan Electric Wire Co., Ltd. The transaction has been approved by the board of directors of the company. The transaction is expected to close on December 14, 2021.