Kolon TissueGene, 35 Billion KRW Capital Increase... Third-Party Allocation to Kolon and Others

[Asia Economy Reporter Hyunseok Yoo] Kolon TissueGene announced on the 2nd that it has decided to conduct a third-party allotment paid-in capital increase to raise approximately 35 billion KRW for operating funds. A total of 725,500 new shares will be issued. The allotment recipients are Kolon and Lee Woong-yeol, Honorary Chairman of the Kolon Group. The issue price per new share is 48,865 KRW.