Willings to Generate 1 Billion Won via Stock Offering

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SEOUL, Sept. 15 (Yonhap) — Willings Co. declared on Friday that it will be selling stocks to generate 1 billion won (US$754,200). The funds from the stock sale will be used mostly to support its operations.

As per a filing with the authorities, the company will be presenting 101,214 common shares at a cost of 9,880 won per share. These shares will be allocated to the investors assigned by the firm.
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