Raising 30 Billion Won Through Stock Offering


SEOUL, Aug. 14 (Yonhap) — Creative & Innovative System Corp. revealed its plan to raise 30 billion won (US$22.5 million) by offering stock. The money generated from the sale of shares will be used mainly for business operations.

As per a regulatory filing, the company will distribute 2.96 million common shares for 10,120 won each. The stock will be sold to the investors designated by the firm.

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