Vitzrosys. Co., Ltd (KOSDAQ:A054220) announced a private placement of 3,556,187 shares at a price of KRW 703 per share for gross proceeds of KRW 2,499,999,461 to Vitzro GH Co., Ltd. on January 25, 2019. The shares will be issued at par through 3rd party allotment. The number of issued shares increased from 48,288,404 shares to 51,844,591 shares. The expected payment date is February 07, 2019. The shares to be issued are subject to hold period of 1 year. The transaction has been approved by he board of directors of the company.