Coasia CM Vina Joint STOCK Company announced that it will issue 7,964,684 shares at a price of KRW 517.484435 per share for gross proceeds of KRW 4,121,600,000 on September 23, 2021. The transaction will include participation from returning investor, CoAsia Optics Corp. through third-party allocation.

Post to the transaction, the investor will own 24,255,845 shares representing 46.47% stake in the company. The transaction is expected to close on October 7, 2021. The transaction has been approved by board of directors of the investor.