Biocore Co., Ltd. (XKON:A216400) announced a private placement of 1,381,135 common shares at a price of KRW 3,650 per share at a price of KRW 5,041,142,750 on October 1, 2019. The transaction will include participation from Dongyang Ai Science Corporation. The transaction has been approved by the board of directors of the company. The shares have a face value of KRW 500 per share. The company is raising funds through third party capital increase. The shares have a hold period of one year.