Skin N Skin to raise 3.8 bln won via stock sale

Skin N Skin-capital increase

Skin N Skin to raise 3.8 bln won via stock sale

SEOUL, Dec. 9 (Yonhap) -- Skin N Skin Co.on Thursday announced that it will sell stocks to raise 3.8 billion won (US$3.3 million). The proceeds from the stock offering will be used primarily to finance its operations.

According to a regulatory filing, the company will issue some 26.55 million common shares at a price of 145 won per share. The stocks will be sold to the investors that the firm designated.

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