M-Venture Investment Inc. (KOSDAQ:A019590) announced a private placement of 19th unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 4,000,000,000 on June 9, 2015. AnaPass Inc.; Minkook Savings Bank, Investment Arm; returning investor ASAM Investment Advisory Company Limited; Incomiz Co., Ltd.; and Yang, Doo-Seung, an external director each subscribed bonds for KRW 1,300,000,000; KRW 500,000,000; KRW 200,000,000; KRW 200,000,000; and KRW 200,000,000 respectively. The round included participation from other individual investors. The bonds will be issued at its par value. The bonds will have a fixed interest rate of 5% per annum and yield to maturity of 5%. The bonds will be convertible into common shares of the company at a fixed conversion price of KRW 500 per share at a 100% conversion rate from June 9, 2016 to May 9, 2019. The bonds will be redeemable upon maturity. The bonds will mature on June 9, 2019. The board of directors approved the transaction.