YMT Co., Ltd. announced that it expects to receive KRW 7 billion in funding
June 10, 2018
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YMT Co., Ltd. (KOSDAQ:A251370) announced a private placement of series 3 unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 7,000,000,000 on June 11, 2018. The transaction will involve participation from Mirae Asset treatment corporation. The bonds will have a zero coupon and yield to maturity rate. The bonds will mature on June 14, 2021. The bonds will be fully convertible into 168,674 shares at a conversion price of KRW 41,500 from June 14, 2020 to May 14, 2021. The expected payment and subscription date of the transaction is June 14, 2018. The transaction was approved by the board of directors of the company.
YMT CO.,LTD. is a is a Korea-based company principally engaged in the development, manufacturing and distribution of chemical materials for printed circuit boards (PCBs). The Company offers chemicals related to the finish surface treatment of PCB, including soft electroless nickel immersion gold (Soft ENIG), electroless nickel electroless palladium immersion gold (ENEPIG); process chemicals for stripping, etching and washing; electroless chemical and electrolysis copper plating; PCB processing services, electronic materials, as well as products related to semiconductor and display.
YMT CO., LTD. 
