ABCO ELECTRONICS Vina Co., Ltd. announced that it will receive KRW 3,657,300,000 in a round of funding through cash contribution on April 7, 2022. The transaction includes participation from returning investor ABCO Electronics Co., Ltd. to retain 100% stake. The company will issue common shares in the transaction.

The transaction is approved by board of directors of the company and is expected to close on April 21, 2022.