MCNEX VINA CO., Ltd. announced that it expects to receive KRW 35.4176 million in funding from MCNEX Co., Ltd
November 17, 2020
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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).
MCNEX Co.,Ltd. is a Korea-based company mainly engaged in the manufacture of camera modules. The Companyâs products consist of camera modules for mobile phones, automobile camera modules and infrared camera modules, as well as other camera modules for notebook computers, automated teller machines (ATMs), black boxes, closed circuit televisions (CCTVs) and medical equipment, among others. It also provides related components.