SJK Co., Ltd. (KOSDAQ:A080440) announced a private placement of 11th series unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 900,000,000 on August 22, 2019. The transaction will involve participation from KH Global Partners Co., Ltd. The bonds will be issued at par and do not carry any coupon. The bonds have yield to maturity of 5% and would mature on August 22, 2022. The bonds will be fully convertible into 490,998 shares of the company at a fixed conversion price of KRW 1,833 from August 22, 2020 to August 22, 2022. The subscription and the payment dates are Aug 22, 2019. The transaction has been approved by the board of directors of the company.