SJK Co., Ltd. (KOSDAQ:A080440) announced a private placement of 2,037,534 common shares at a price of KRW 1,865 for gross proceeds of KRW 3,800,000,910 on October 14, 2019. The common shares have a par value of KRW 500 per share. The transaction will include participation from KH Global Partners for 2,037,534 shares. The transaction is expected to close on October 24, 2019. The shares issued have a hold period of one year.