Yesco Consulting Co., Ltd. announced that it expects to receive KRW 17.445 billion in funding from Yesco Holdings Co., Ltd.
November 08, 2019
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Yesco Consulting Co., Ltd. announced that it will receive KRW 17,445 million in a round of funding on November 8, 2019. The company will issue common shares at a price of KRW 44,732 per share. The transaction will include participation from returning investor Yesco Holdings Co., Ltd. (KOSE:A015360). The transaction has been approved by the board of directors of the company.
Yesco Holdings Co., Ltd., formerly YESCO CO.,LTD., is a Korea-based company mainly engaged in the provision of city natural gas. The Company operates its business through five divisions: city gas division, which provides liquefied natural gas (LNG) and compressed natural gas (CNG), as well as gas meters and gas piping works; construction and precast concrete (PC) division, which engages in the construction materials manufacturing, civil engineering construction and housing rental and sale business; flange division, which produces wood drums and other electrical cable packaging supplies; television (TV) division, which mainly manufactures digital TV cases and vibration motors, and other division, which provides automobile internal materials and others.