Taihan Electric Wire Co. Ltd. (KOSE:A001440) announced a private placement of 19,531,796 shares on December 12, 2012. The transaction included participation from new investors, Taihan Fiberoptics Co., Ltd. which subscribed for 12,000,000 shares for 11.41% stake and 15 related parties. The transaction represents issuance of 18.58% stake in the company.

On December 12, 2012, Taihan Electric Wire Co. Ltd. closed the transaction.