June 27, 2017 / 3:37 AM / 3 months ago

BRIEF-Tongyang Networks to raise 50 bln won in private placement

June 27 (Reuters) - Tongyang Networks Corp :

* Says it plans to issue 24.6 million shares of the company in private placement, at 2,030 won/share, to raise 50 billion won in proceeds for other fund

Source text in Korean: goo.gl/d7g7q8

Further company coverage: (Beijing Headline News)

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