SG BKGroup Pte. Ltd. announced a private placement of 13,480 shares at a price of KRW 17,485,163.204748 per share for gross proceeds of KRW 235,700,000,000 from new investor DUAL Industrial. Co., Ltd. (KOSDAQ:A078590) on July 9, 2019. The investor will acquire 57.41% stake in the company. The issued shares will increase from 10,000 shares to 23,480 shares. The scheduled investment date is September 15, 2019. The transaction is approved by the board of directors of the investor.