SJK Co.,Ltd. (KOSDAQ:A080440) announced a private placement of 912,773 shares of face value KRW 500 per share at KRW 986 per share for gross proceeds of KRW 899,994,178 on August 10, 2017. The shares are being issued at a discount of 10% to the theoretical exercise rights share price. The round will include participation from Chief Executive Officer Seung Yeol Lee, along with other individual investors Sang-Young Lee, Chang Yeol Lee, and Yiju Kim who will subscribe to 324,079 shares, 237,320 shares, 296,338 shares, and 55,036 shares respectively. The shares will be issued by third party allotment and will be subject to a lock-up period of one year post closing of the transaction and listing of the shares. The payment date of the transaction will be August 11, 2017, the scheduled delivery date of new share certificates will be August 29, 2017, and the scheduled listing date of the new shares will be August 30, 2017. The eligibility date for dividend payout of new shares is January 1, 2017. The transaction was approved by the board of directors of the company.