SJK Co., Ltd. (KOSDAQ:A080440) announced a private placement of 689,081 shares at a price of KRW 800 per share for gross proceeds of KRW 551,264,800 on November 8, 2017. The transaction includes participation from individual investor, Seung Yeol Lee. The shares are issued at premium. The shares are issued through third party allotment method and are subject to a lock up period of one year. The number of shares have increase from 32,729,484 to 33,418,565. The transaction has been approved by the board of directors of the company.