Hansol Healthcare Co., Ltd. announced that it has received KRW 700 million in funding from AD Ventures Co., Ltd., Hansol PNS Co.,Ltd., and Storm Ventures LLC.
August 13, 2013 at 12:00 am
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Hansol Healthcare Co., Ltd. announced a private placement of 1,400,000 shares at KRW 500 per share for gross proceeds of KRW 700,000,000 on July 26, 2013. Returning investors, Hansol PNS Co.,Ltd. and Storm Ventures LLC will purchase 400,000 shares each and AD Ventures Co., Ltd. will purchase 600,000 shares in the transaction. The company will issue shares through third party allotment. The payment date for the transaction is August 12, 2013. The transaction was approved at the company's board of directors meeting.
On August 13, 2013, Hansol Healthcare Co., Ltd. closed the transaction.
Hansol PNS Co., Ltd. is a Korea-based company mainly engaged in the distribution of paper products. The Company mainly operates in three business segments: paper products distribution segment, which distributes printing paper, paper board, newspaper paper products and other paper products; information technology (IT) service segment, which provides integrated system construction and maintenance services, and packaging segment, which manufactures cardboards used as packaging materials. On July 1, 2013, the Company merged with Hansolpaper Merchandising Co.,Ltd, a Korea-based company mainly engaged in the paper sales. After the merger, the Company survives and Hansolpaper Merchandising Co.,Ltd was dissolved.
Hansol Healthcare Co., Ltd. announced that it has received KRW 700 million in funding from AD Ventures Co., Ltd., Hansol PNS Co.,Ltd., and Storm Ventures LLC.