소식Press Release
2001.12.17
Daum induces 23 million dollars of foreign investment
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December 17, 2001 - Daum Communications(CEO Lee Jae-woong, www.daum.net) decided to issue new shares to be purchased worth 29.36 billion won on the 17th during a board of directors meeting.
Daum will issue 800,000 shares, 6% of its total shares at 36,700 won per share and CALFP(Credit Agricole Lazard Financial Products), an affiliated company of Credit Agricole, the largest French retail bank will undertake the total amount of shares.
Daum will use this induced foreign investment to acquires competitive contents and develop new businesses. CEO Lee of Daum said, "This successful inducement helps prove not only our growth potential but also our financial stability. With this induced capital, we plan to perform aggressive management to fully position Daum Communications as a Number One Internet media provider while expanding our business to various platforms including acquisition of contents providers."
Daum will issue 800,000 shares, 6% of its total shares at 36,700 won per share and CALFP(Credit Agricole Lazard Financial Products), an affiliated company of Credit Agricole, the largest French retail bank will undertake the total amount of shares.
Daum will use this induced foreign investment to acquires competitive contents and develop new businesses. CEO Lee of Daum said, "This successful inducement helps prove not only our growth potential but also our financial stability. With this induced capital, we plan to perform aggressive management to fully position Daum Communications as a Number One Internet media provider while expanding our business to various platforms including acquisition of contents providers."
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