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048550 SM Culture & Contents Co News Story

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Brief: SM Culture & Contents to raise 72.3 billion won via private placement

July 17 (Reuters) - SM Culture & Contents Co Ltd  048550.KQ  
: 
     
    * Says it will issue 24.5 million shares via private 
placement to raise 72.3 billion won, at 2,950 won/share 
    * Listing date on Nov. 11 
     
     
    Source text in Korean: https://goo.gl/xssA1i 
    Further company coverage:  048550.KQ  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724; 
Reuters Messaging: Yinglan.Ma@thomsonreuters.com@reuters.net))

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