Plant Farm Co., Ltd. announced that it has received KRW 3.0002012 billion in funding from KOLMAR BNH Co., Ltd.
July 15, 2021
Share
Plant Farm Co., Ltd. announced private placement of 23,300 common shares at a price of KRW 128,764 per share for gross proceeds of KRW 3,000,201,200 to new investor Kolmar BNH Co., Ltd. on July 15, 2021. The shares will be issued at premium to par value of KRW 5,000 per share. The number of shares increased from 621,291 shares to 644,591 shares. The transaction was approved by the board of directors of the company. The securities are issued through third party allotment.
KolmarBNH Co., Ltd, formerly MIRAE ASSET NO.2 SPECIAL PURPOSE ACQUISITION COMPANY, is a Korea-based company principally engaged in manufacture and distribution of health functional foods, cosmetics and pharmaceuticals. The Company mainly produces health functional foods to improve immunity, such as atomy hemohims and others. The Company also produces cosmetics using natural extracts, and other pharmaceuticals. The Company also engages in research, development and manufacture of cosmetic functional materials which belongs to phytochemical business that mainly uses natural extracts as cosmetic materials.