ENERGY&MACHINERY KOREA Co.,Ltd. announced that it expects to receive KRW 24 billion in funding from Kb-Brain Kosdaq Scale-Up New Technology Business Investment Fund, Shinhan Investment Corp., eBest Investment Securities Co., Ltd., Investment Arm, Samsung Securities Co. Ltd., Investment Arm, Mirae Asset Daewoo Co., Ltd., Investment Arm, Korea Investment & Securities Co., Ltd., Investment Arm
September 24, 2019
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ENERGY&MACHINERY KOREA Co.,Ltd. (KOSDAQ:A095190) announced a private placement of Series 4 unregistered coupon unguaranteed private convertible bond for gross proceeds of KRW 24,000,000,000 on September 25, 2019. The transaction will include participation from Kb-Brain Kosdaq Scale-Up New Technology Business Investment Fund, Shinhan Investment Corp., eBest Investment Securities Co., Ltd., Investment Arm, Samsung Securities Co. Ltd., Investment Arm, Mirae Asset Daewoo Co., Ltd., Investment Arm, and Korea Investment & Securities Co., Ltd., Investment Arm. The coupon rate and yield to maturity rate is 0%. The maturity date of bonds is September 27, 2024. The bond can be converted into shares at the price of KRW 5,372 per share. The subscription date and payment date is September 27, 2019. The transaction has been approved by the board of directors.
EMKorea Co Ltd is a Korea-based company primarily engaged in the manufacturing and sales of defense and aviation parts. The Company operates through six business segments. The Defense and Aerospace Business segment engages in the manufacturing of defense and aviation components. The Machining Business segment engages in the production of finished machine tools and parts. The Energy Business segment engages in hydrogen energy and station manufacturing and construction. The Power Generation and International Thermonuclear Experimental Reactor (ITER) Business segment is engaged in the production of thermal power, nuclear power, and nuclear fusion power generation facilities. The Tunnel Boring Machine (TBM) Business segment manufactures TBMs for construction. Other Business segment engage in leasing.
ENERGY&MACHINERY KOREA Co.,Ltd. announced that it expects to receive KRW 24 billion in funding from Kb-Brain Kosdaq Scale-Up New Technology Business Investment Fund, Shinhan Investment Corp., eBest Investment Securities Co., Ltd., Investment Arm, Samsung Securities Co. Ltd., Investment Arm, Mirae Asset Daewoo Co., Ltd., Investment Arm, Korea Investment & Securities Co., Ltd., Investment Arm
ENERGY&MACHINERY KOREA CO.,LTD. 
