Yoesu Green Energy announced a private placement of 48,657 shares at KRW 4,994.142672 per share for proceeds of KRW 243,000,000 and 99,300 shares at KRW 5,000 per share for proceeds of KRW 496,500,000; for aggregate gross proceeds of KRW 739,500,000 on December 24, 2018. The transaction will include participation from existing investor Namhae Chemical Corporation (KOSE:A025860). The payment date is December 26, 2018. The transaction was approved by the board of directors of the investor.