Samsung Medicos Co., Ltd. announced a private placement of 2,200,000 common shares at an issue price of KRW 5,000 per share for gross proceeds of KRW 11,000,000,000 on January 18, 2019. The transaction involves participation from ITEK Semiconductor, Inc. (KOSDAQ:A119830). The shares have face value of KRW 5,000. Post the closing, the total number of shares issued by the company will increase from 3,800,594 shares to 6,000,594 shares. The transaction has been approved by the board of directors of the company.