[DISCLOSURE] Curocom (040350) announced on Sept. 7 that it plans to participate in its affiliate, Sumagen’s 6.7 billion won (US$6.1 million) capital increase to finance its AIDS vaccine development.

Sumagen plans to issue 1.4 million new shares and Curocom will own 64.78 percent stake in the lab, following the purchase.

By Jung Min-kyung ()