Harim Industrial Co., Ltd. announced a placement of 30,000 common shares at an issue price of KRW 1,000,000 per share for gross proceeds of KRW 30,000,000,000 on January 19, 2024. The transaction included participation from returning investor, Harim Holdings Co., Ltd. for 30,000 shares for post-investment stake of 100%. The transaction has been approved by board of directors of the company.

The method of capital increase is through shareholder allotment.