December 28, 2016 / 10:20 AM / a year ago

BRIEF-KB Insurance to raise 170.63 bln won in private placement

Dec 28 (Reuters) - KB Insurance Co Ltd :

* Says it will issue 6.5 million shares of the company in private placement, to raise 170.63 billion won in proceeds for operations

* Says issue price is 26,250 won per share

Source text in Korean: goo.gl/4nkNs7

Further company coverage: (Beijing Headline News)

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