![Logo of Sambu Construction](http://res.heraldm.com/content/image/2023/06/22/20230622000815_0.jpg)
Sambu Construction Co.on Thursday announced that it will sell stock to raise 25 billion won ($19.3 million). The proceeds from the stock offering will be used primarily to finance its operations.
According to a regulatory filing, the company will issue some 7.75 million common shares at a price of 3,225 won per share. The stock will be sold to the investors that the firm designated. (Yonhap)