SC Engineering Co., Ltd announced that it expects to receive KRW 7.00000188 billion in funding
December 02, 2021
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SC Engineering Co., Ltd announced a private placement of 2,611,941 shares at a price of KRW 2,680 for gross proceeds of KRW 7,000,001,880 on December 2, 2021. The company is raising funding through third party allocation increase. The transaction will include participation from Innovation Index 2. The payment date is February 28, 2022. The transaction has been approved by the board of directors of the company.
SC Engineering Co., Ltd. is a Korea-based company principally engaged in the manufacturing and distribution of process equipment (PE) which are used in petro chemistry, oil refining, gas and power plants. The Company provides engineering services including engineering, procurement and construction (EPC) for precision chemical, biochemical, pharmaceuticals manufacturing, and food plants. Through its subsidiaries, SEWON CELLONTECH CO., LTD, SEWON CELLONTECH HYDRAULIC (SHANGHAI) CO., LTD., and RMS INNOVATIONS (U.K) LIMITED, the Company also involves in the production of chemical plant PE, including pressure vessels, reactors and columns; oil hydraulic equipment, including pumps, valves and cylinders; cell therapies, bio collagens, pharmaceuticals and cosmetics.
SC ENGINEERING CO., LTD 