DPECO Co.,Ltd. (XKON:A163430) announced a private placement of 342,000 common shares at an issue price of KRW 3,590 per share for gross proceeds of KRW 1,227,780,000 on June 28, 2019. The shares will be issued through 3rd party allotment method. The transaction was approved by the board of directors of the company. The transaction is expected to close on July 8, 2019.