TKC Co., Ltd. announced that it expects to receive KRW 1 billion in funding from KB Securities Co., Ltd., Investment Arm and other investor
April 08, 2020
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TKC Co., Ltd. (XKON:A191600) announced a private placement of 250,000 common stock at a price of KRW 4,000 per share for gross proceeds of KRW 1,000,000,000 on April 8, 2020. The transaction involves participation from investors, KB Securities Co., Ltd., Investment Arm for KRW 200,000 shares and individual investor Sangbong Kim for 50,000 shares. The securities are issued through third party allocation method. The shares are issued at premium. The expected payment date is April 16, 2020. The transaction has been approved from board of directors of the company. The securities are subject to lock in period for 1 year from the issuance.
BlueTop Co Ltd, formerly TKC Co Ltd, is a Korea-based company mainly engaged in the production and sale of printed circuit boards (PCBs). The Company is involved in the manufacturing and sale of PCBs for multiple uses such as audio, junction box jacks, seat warmers, air conditioners, and brake series. The PCB products include general products and special products. The general products include double side PCBs, as well as multi-layer board PCBs (MLBPCBs). The special products include metal PCBs. In addition, the Company is also engaged in the real estate leasing business. The Company distributes its products within the domestic market and to overseas markets.
BLUETOP CO.,LTD. 
