SKC solmics Hong Kong Co., Ltd announced a private placement of 15,000,000 common shares issued at a price of KRW 1,220 for gross proceeds of KRW 18,300,000,000 on April 1, 2020. The transaction included participation from returning investor SKC solmics Co., Ltd. (KOSDAQ:A057500). The transaction got approved by the board of directors of the company.