Tianjin Synopex Electronics Co., Ltd. announced that it will raise KRW 10,896,000,000 in funding from returning investor, Synopex Inc. on November 12, 2012. The company will issue common shares on the transaction. The transaction will be closed in two tranches. The company will raise KRW 5,448,000,000 each in both tranches which will be closed on November 12, 2012 and December 10, 2012. After closing of the transaction, the investor will still hold 100% stake in the company. The scheduled investment date is December 10, 2012. The transaction was approved at the investor's board of directors meeting. The company had total assets of KRW 62,513,000,000, total stockholders' equity of KRW 77,000,000, sales revenue of KRW 127,500,000,000, and net profit of KRW 2,046,000,000 in 2011.

On the same day, the company has received KRW 5,448,000,000 in its first tranche.