Haeduk Powerway Co.,Ltd. (KOSDAQ:A102210) announced a private placement of 16,363,000 shares at the price of KRW 990 per share for gross proceeds of KRW 16,199,370,000 on September 7, 2020. The transaction will include participation from Rob Co., Ltd. The shares will be issued at face value of KRW 100 per share. The share would be issued through third party allotment method and will have lock in period of one year. The transaction is expected to close on September 15, 2020.