Hansol CNP Co., Ltd. (KOSDAQ:A221610) announced a private placement of 1,657,458 shares at the price of KRW 9,050 per share for gross proceeds of KRW 14,999,994,900 with new investor Jaanh Holdings Co., Ltd. on January 22, 2020. The shares were issued through third party allocation. The shares will have 1 year hold period. The transaction has been approved by the board of directors of the company. The transaction is expected to close on April 3, 2020.