SJK Co.,Ltd. (KOSDAQ:A080440) announced a private placement of 4th unguaranteed private convertible bonds for gross proceeds of KRW 10,000,000,000 on June 23, 2017. The transaction will involve participation from Able Fund 1. The bonds will carry a coupon of 1.5% and have a yield to maturity of 5%. The bonds will mature on August 22, 2020. The bonds will be fully convertible into 8,264,462 common shares at a fixed conversion price of KRW 1,210 per share from August 22, 2018 to July 22, 2020. The subscription and payment date for the transaction is June 23, 2017 and August 22, 2017 respectively. The transaction has been approved by the board of directors of the company.