AI & Enterprise
ITCEN Global to issue 40 billion won convertible bonds to expand new business investment
ITCEN Global said on May 4 it will issue 40 billion won in convertible bonds to improve its financial structure and expand investment in new businesses. The issuance will be carried out through investment via ITC Holdings LLC, which is wholly owned by KCGI Innovation Growth ESG Private Equity Fund No. 1. ITCEN Global said it will use the funds to expand new growth businesses including token securities and Web3.
