The Willbes & CO., Ltd. announced that it has received KRW 10 billion in funding from Mirae Asset Daewoo Co., Ltd., Investment Arm, Shinhan Investment Corp., Investment Arm, Susung Asset Management Co., Ltd., The Export-Import Bank Of Korea, Investment Arm and other investors
October 18, 2018
Share
On October 19, 2018, The Willbes & CO., Ltd. (KOSE:A008600) closed the transaction.
THE WILLBES & CO., LTD. is a Korea-based original equipment manufacturer (OEM) of textiles. The Company operates in two business divisions: fiber division and education division. Its fiber division provides knits, sweaters, woven products, microfibers and others, through its oversea subsidiaries. Its education division provides education services to various individuals, such as lawyers, diplomats, government officials, appraisers, labor attorneys and others. The Company mainly supplies its textile products to TARGET, OLD NAVY and WAL MART. On May 31, 2013, the Company acquired 100% shares of a Korea-based company, which is mainly engaged in the educational institute operations.
The Willbes & CO., Ltd. announced that it has received KRW 10 billion in funding from Mirae Asset Daewoo Co., Ltd., Investment Arm, Shinhan Investment Corp., Investment Arm, Susung Asset Management Co., Ltd., The Export-Import Bank Of Korea, Investment Arm and other investors
THE WILLBES & CO., LTD. 
