Daejoo Electronic Materials Co., Ltd. announced that it expects to receive KRW 79.999921188 billion in funding from Next1, Inc.
October 11, 2021
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Daejoo Electronic Materials Co., Ltd. announced that it will issue series 5 unregistered nonguaranteed private convertible bonds for gross proceeds of KRW 79,999,921,188 on October 12, 2021. The expected date of payment is November 15, 2021. The transaction is approved by the board of directors of the company.
Daejoo Electronic Materials Co., Ltd. is a Korea-based company engaged in the manufacture of electronic materials. The Companyâs product portfolio consists of conductive materials, such as pastes for disk ceramic applications, dielectric filters, chip inductors and others, and electrode pastes for chip resistors, among others; phosphor materials, which are used for plasma display panels (PDPs), cold cathode fluorescence lamps (CCFLs) and light emitting diode (LED); polymer materials, such as insulation materials, epoxies, epoxy coating powders, semiconductor materials and others, glass materials, nano materials, metal power materials, phosphor materials, and organic LED materials. Through its subsidiary, it manufactures and distributes insulation materials and conductive pastes used for white household appliance components in China market.