Powerlogics Asia Limited announced that it will receive KRW 7,673,400,000 in funding on May 13, 2015. The company will allocate securities to existing shareholder, Powerlogics Co., Ltd. The company reported total assets of KRW 15,835,000,000, total stockholder's equity of KRW 7,238,000,000, sales revenue of KRW 5,093,000,000, and net profit of KRW 2,476,000,000 for the financial year ending December 31, 2014. The transaction has been approved by the board of directors of the company.

The investment date for the transaction is May 14, 2015.