KPM TECH Co., Ltd. (KOSDAQ:A042040) announced a private placement of 7th series non-guaranteed private convertible bonds for gross proceed of KRW 10,000,080,000 on January 15, 2019. The transaction included participation from individual investors Cheon Sang Wook, Junho Shim for KRW 1,426,425,000 each, Choi Hyung-min for KRW 4,744,395,000, Lee Dong Gun for KRW 263,910,000, Park Se-ik for KRW 340,290,000, Moon Ji-ho for KRW 238,830,000, Ju Kyu-seok, Ilho Choi for KRW 131,955,000 each, Kim Joon Ki for KRW 190,380,000, Lee Jun Hyun, Lee Cheol-taek, Heo Chan Jong for KRW 190,095,000 each, Hee Sung Kim, Park Hyun for KRW 116,565,000 each, Park Hae Shin for KRW 51,015,000, Yongjun Oh for KRW 32,490,000, Jung Soon Ae for KRW 114,000,000, Eunjoo Jung for KRW 57,000,000, other investor for KRW 47,595,000. The bond carry coupon rate of 0%. The bonds will mature on January 15, 2022. The bonds will be 100% converted into 8,944,615 common shares representing 10.6% of the total number of shares of the company at a fixed conversion price of KRW 1,118 per share. The conversion period is from January 15, 2020 to December 15, 2021. The payment date of the transaction is January 15, 2019. The transaction has been approved by the board of directors of the company.