SJK Co., Ltd. (KOSDAQ:A080440) announced a private placement of 9th series Unregistered coupon unguaranteed private convertible bond for gross proceeds of KRW 1,000,000,000 on March 19, 2019. The transaction included participation from GoldenKey Asset Investment & Management Co., Ltd for KRW 500,000,000 and individual investor Han, Geunhye for KRW 500,000,000. The note carries a fixed coupon rate of 2% per annum, 4% yield to maturity and would mature on March 19, 2022. The bonds can be 100% converted into 572,409 common shares for 6.09 % stake of the company at a fixed conversion price of KRW 1,747 per share. The conversion period is from March 19, 2020 and February 19, 2022. The transaction has been approved by board of directors of the company.