Uridul Hubrain Acquires Convertible Bonds from Aprogen KIC

[Asia Economy Reporter Minji Lee] Wooridle Hubrain announced on the 13th that it has acquired the 23rd series of non-guaranteed, bearer, subordinated convertible bonds of Aprogen KIC in cash.

The total amount is 30 billion KRW, which corresponds to 45.79% of the company's equity capital. The company stated, "This is to generate financial operating income through investment in convertible bonds."