HUVEXEL Co.,Ltd. (XKON:A212310) announced a private placement of 380,000 shares at an issue price of KRW 5000 per share for gross proceeds of KRW 1,900,000,000 on January 9, 2020. The par value of the shares issued is KRW 500 per share. The company will raise funds through third party allocation method. The date of payment is January 16, 2020. The transaction has been approved by the board of directors of the company.