Daejin DMP Co., Ltd. announced that it expects to receive KRW 16 billion in funding from KB Investment & Securities Co., Ltd, Investment Arm, NH Investment & Securities Co., Ltd., Investment Arm, Shinhan Capital, Investment Arm, Moorim Capital Co., Ltd., and another investor
August 28, 2017
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Daejin DMP Co., Ltd. (KOSDAQ:A065690) announced a private placement of 2nd unregistered coupon unguaranteed private convertible bonds and 3rd unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 16,000,000,000 on August 28, 2017. The company will issue 2nd series bonds for KRW 10,000,000,000 and 3rd series bonds for KRW 6,000,000,000. 2nd series bonds will be issued to a new investor Smart Financing 1st Limited. 3rd series bonds will be subscribed by new investors KB Investment & Securities Co., Ltd. for KRW 1,000,000,000, NH Investment & Securities Co., Ltd. for KRW 2,000,000,000, Shinhan Capital Corporation for KRW 2,000,000,000, and Moorim Capital Co., Ltd. for KRW 1,000,000,000. The bonds will mature on August 29, 2022. The zero coupon bonds will have a yield to maturity of 0%. The 3rd series bonds will be fully convertible into 1,441,961 shares of the company and 2nd series bonds will be fully convertible into 2,403,268 shares of the company at a fixed conversion price of KRW 4,161 from August 29, 2018 to July 29, 2022. The subscription date and payment date of the transaction is August 29, 2017. The transaction was approved by the board of directors of the company.
PAKERS CO., Ltd., formerly DAEJINDMP.CO.,LTD. is a Korea-based company mainly engaged in the production of printer parts. Along with subsidiaries, the Company operates its business through two segments. The Printer Part segment provides blade assemblies, cleaning blade assemblies, supply rollers, development rollers, charge rollers, feed rollers, transfer rollers, belts and others used for cartridges. The rollers and blades are mainly supplied to Samsung Electronics Co., Ltd.. The Light Emitting Diode (LED) segment provides LED packages and LED lamps under the brand names of XLEDS and OhBright. The Company distributes its products within domestic market and to overseas markets.
Daejin DMP Co., Ltd. announced that it expects to receive KRW 16 billion in funding from KB Investment & Securities Co., Ltd, Investment Arm, NH Investment & Securities Co., Ltd., Investment Arm, Shinhan Capital, Investment Arm, Moorim Capital Co., Ltd., and another investor