Semicon Light Co., Ltd. (KOSDAQ:A214310) announced a private placement of 5,957,446 common shares of par value KRW 100 at KRW 1,175 per share for gross proceeds of KRW 6,999,999,050 to SMC Holdings Co., Ltd. on January 26, 2018. The common shares have a lock up period of 12 months. The transaction has been approved by the board of directors of the company. The transaction is expected to close on March 30, 2018.