M Park Co., Ltd. announced that it will issue 209,360 shares at a price of KRW 382,118 per share for gross proceeds of KRW 80,000,224,480 on June 17, 2024. The transaction will include participation from returning investor Dongwha Enterprise Co.,Ltd for 209,360 shares. Post completion of the transaction, Dongwha Enterprise Co.,Ltd will hold 20.84% stake in the company.

This has been approved in the board of directors of Dongwha Enterprise Co.,Ltd. The transaction is expected to close on June 18, 2024.