RYUK-IL C&S., Ltd announced that it expects to receive KRW 5.5 billion in funding
January 20, 2017
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Ryukil C&S Co., Ltd. (KOSDAQ:A191410) announced a private placement of first series unregistered and unsecured private convertible bonds for gross proceeds of KRW 5,500,000,000 on January 20, 2017. The bonds will mature on January 24, 2020. The zero coupon bonds will mature on January 24, 2020 and have yield to maturity of 1%. The bonds are convertible into common shares of the company at a fixed conversion price of KRW 7,682 per share.
On April 24, 2017, the company announced that the conversion price of the shares changed from KRW 7,682 to KRW 6,170. The number of convertible shares changed from 715,959 common shares to 891,410 common shares.
On January 24, 2018, the company announced that the conversion price of the shares changed from KRW 6,170 to KRW 5,833. The number of convertible shares changed from 891,410 common shares to 942,911 common shares.
RYUK-IL C&S., Ltd is a Korea-based company mainly engaged in the manufacture of mobile phone cover glasses (CGs). The Company's product portfolio consists of main CGs for mobile phones including KF750, KM900, SU130, P990, LU2300, GF180, G2F320, G3F400, G4F500; 3D main CGs for mobile phones including G Flex1 F340 and G Flex2 F500; camera CGs for mobile phones including KF510, KM900, VX9100, P900, L05E, G F180, G2 F320, G3 F400, G4 F500; back covers for phones including G F180 and Nexus E960 and other CGs for laptop computers, MP3, pads and watches. The Company also provides tall processing services including optical clear resin direct bonding (OCR DB), cover glass assembly checking and physical vapor de-positioning (PVD).
RYUK-IL C&S.,LTD. 