Truwin Company Limited announced a private placemen to issue 8,920,606 common shares at an issue price of KRW 2,242 for the gross proceeds of KRW 2,999,998,652 on December 22, 2023. The transaction will include participation from new investor Enable Holdings for 8,920,606 common shares. The transaction has been approved by the shareholders of the company and is expected to close on February 8, 2024.

The securities are restricted to a hold period of 1 year.