MCNEX VINA CO., Ltd announced a private placement of common shares for gross proceeds of KRW 35,417,600,000 on November 18, 2020. The transaction will include participation from returning investor MCNEX Co., Ltd (KOSDAQ:A097520) to retain its 100% stake in the company. The scheduled investment date for the transaction is November 27, 2020. The shares are issued through allocation to shareholders The transaction has been approved by the board of directors of MCNEX Co., Ltd (KOSDAQ:A097520).