CNPLUS Co., Ltd. announced that it has received KRW 500 million in funding
July 03, 2018
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On July 4, 2018, CNPLUS Co., Ltd. (KOSDAQ:A115530) closed the transaction. The bonds issued in the transaction were fully subscribed by individual investor, Kyungduk Kim. The bonds issued in the transaction will be converted into 692,520 shares of the company. The bonds can be converted from July 4, 2019 till June 4, 2021.
CNPLUS Co., Ltd. is a Korea-based company mainly engaged in the manufacture of connectors. The Company manufactured electrical network and connect devices. It produces high precision connectors, such as top, bottom and double-sided contact connectors, micro fine pitch connectors, and pin connectors used for television modules, liquid crystal displays (LCDs), plasma display panels (PDPs), optical disk drives (ODDs) and others. The Companyâs main clients are Samsung SDI, Samsung Electronics, LG Innotek, HITACHI, Nidec, CHANGHONG, Sony Optiarc and others. The Company distributes its products within domestic market and to overseas markets. On December 26, 2012, the Company sold certain shares of a subsidiary, a Korea-based investment company. After the transaction, it held 40% stake of the Korea-based company.
CNPLUS CO., LTD. 
