BIEMT Co., Ltd. (KOSDAQ:052900) announced a private placement of third series registered unguaranteed unsecured domestic private convertible bonds for gross proceeds of KRW 3,800,000,000 on January 19, 2018. The bonds will carry zero coupon and yield to maturity of 1%. The bonds will have a 100% conversion rate and will be convertible into common shares of the company at a fixed conversion price of KRW 10,834 per share. The bonds would mature on January 18, 2021.