Blue Core Company Limited announced that it expects to receive KRW 999.94 million in funding from Hironic Co., Ltd.
June 26, 2017
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Blue Core Company Limited announced private placement of 28,900 common shares for the gross proceeds KRW 999,940,000 from Hironic Co., Ltd. (KOSDAQ:A149980) on June 27, 2017. The transaction has been approved by board of directors.
Hironic Co., Ltd is a Korea-based company mainly engaged in the research and development, manufacture and distribution of medical equipment for skin care. The Company mainly manufactures medical equipment for skin and obesity care or treatment. The Companyâs products include MIXEL, a skin cure equipment for skin lesions and melasma, as well as improving skin texture and tone; MIPL, a skin treatment equipment for pigmentation, wrinkle, vascular, acne and hair removal; MIDEPI, a hair removal equipment; DOUBLO, which is skin treatment equipment for skin tightening and rejuvenation, non-invasive lifting for face and eyebrow lifting; MICOOL, a treatment equipment of natural fat cell destruction, and New Midas, which is used for body contouring and face lifting.