Repure Unimax Inc. (KOSDAQ:A215090) announced a private placement of 4,385,964 common shares at a price of KRW 4,560 per share for gross proceeds of KRW 19,999,995,840 on July 9, 2019. The transaction will include participation from individual investor, Seokjae Oh and TCC Co., Ltd. for 2,192,982 shares each. The shares will be issued through third party capital allotment method. The shares have a hold period of up to one year. The transaction has been approved by the board of directors of the company. The transaction is expected to close by August 6, 2019.