Eugenus, Inc. announced that it expects to receive KRW 20.0278 billion in funding from Eugene Technology Co.,Ltd.
Published on 2019-05-13 at 18:00
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Eugenus, Inc. announced a private placement of 20,000,000 common shares at a price of KRW 1,001 per share for gross proceeds of KRW 20,027,700,000 on May 14, 2019. The transaction will include participation from Eugene Technology Co.,Ltd. The expected payment date for the transaction is May 15, 2019. The transaction has been approved by the board of directors of the company.
Eugene Technology Co Ltd is a Korea-based company principally engaged in the manufacture and sale of semiconductor equipment. The Company operates its business through three segments. The Semiconductor Equipment segment produces single wafer low pressure chemical vapor deposition equipment used in semiconductor device production and provides single wafer type solutions. The Semiconductor Industrial Gas Semiconductor Material segment manufactures and sells chemicals used for thin film deposition during the entire semiconductor process. The Other segment produces and supplies raw and subsidiary materials.
