Seoul: KH Mirae Corp. on Monday announced that it will sell stock to raise 14.3 billion won (US$10.5 million). The proceeds from the stock sale will be used mainly to finance stock acquisition.
According to Yonhap News Agency, the company will issue 2.85 million common shares at a price of 5,000 won per share. The stock will be sold to the investors that the firm designated.