Seoul Feed Co.,Ltd announced a private placement of 50,000,000 common shares at KRW 500 per share for gross proceeds of KRW 25,000,000,000 with returning investor FarmStory Co., Ltd. on November 30, 2018. The company will issue shares at nominal price of KRW 500 per share. The payment date is December 19, 2018. The transaction has been approved by the board of directors of the company.