Charm Engineering Co.,Ltd. (KOSE:A009310) announced a private placement of 1,631,520 common shares at an issue price of KRW 1,091 per share for gross proceeds of KRW 1,779,988,320 on August 1, 2019. The transaction involved participation from Inhan Kim for 183,318 shares, Kyudong Kim for 91,659 shares, Jungmin Son for 45,829 shares, Chaekwang Kim for 45,829 shares, Jaehwa Ryu for 91,659 shares, Chulhan Park for 45,829 shares, Jongsoo Lee for 27,497 shares, Jaemin Shin for 45,829 shares , Kyuhwan Choi for 22,914 shares, Yonghwan Lee for 18,331 shares, Yun Yeo Hong for 27,497 shares, Park In Sung for 22,914 shares, Seo Sung-won for 18,331 shares, Hong Donggi for 9,165 shares, Yongsub Kim for 91,659 shares, Byeongil Choi for 45,829 shares, Changhak Lee for 91,659 shares, Winding for 18,331 shares, Core Systems Co.,Ltd for 274,977 shares, Hanuri Co., Ltd. for 183,318 shares, Mutech Korea Co., Ltd. for 91,659 shares, Chokwang Hi-Tech Co., Ltd. for 45,829 shares, Monocle Co., Ltd. for 45,829 shares, Tizien Co., Ltd. for 45,829 shares. The company increased the capital through third party allocation method.

The shares issued have a par value of KRW 500 per share. The securities issued have a hold period of one year, from the issue of securities. The transaction has been approved by the board of directors of the company.