Very Good Tour Co.,Ltd. announced that it has received KRW 23.59 billion in funding
September 24, 2017
Share
Very Good Tour Co.,Ltd. (KOSDAQ:A094850) announced a private placement of 264,300 shares at a price of KRW 89,271 per share for the gross proceeds of KRW 23,594,325,300 on September 25, 2017. The transaction involved participation from Kim, Seok-Hwan. The shares will be subsequently listed on the Korean Stock exchange. The payment date is September 25, 2017.
Very Good Tour Co.,Ltd., formerly Very Good Leisure Co., Ltd. is a Korea-based company principally engaged in the wholesale of bicycles and related components. The Company operates in two business segments: bicycle segment and travel segment. Its bicycle segment engages in the distribution of specialty and high-graded bicycles under the brand names of CELLO, BLACKCAT and others, related components under the brand names of MOOTS and BBB, as well as leasing of bicycles. Its travel segment provides a range of travel products including honeymoon travels, freedom travels, backpacking travels, golf course travels, overseas travels and others, as well as airline ticket sale, hotel booking and other travel related services.
VERY GOOD TOUR CO., LTD. 
