HST Co., Ltd. announced a private placement of 114,000 shares at the price of KRW 50,000 share per share for gross proceeds of KRW 5,700,000,000 on October 28, 2021. The transaction included participation from existing investor Truwin Company Limited which continue to own 100% stake. The company increased the capital through third party allocation. The transaction has been approved by the board of directors of the investor.