SJK Co., Ltd. (KOSDAQ:A080440) announced a private placement of series 5 unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 2,500,000,000 on October 2, 2018. The transaction involved participation from individual investor Jeongmin Park. The bonds carry a fixed coupon rate of 1.5%, a yield to maturity of 5%, and are issued at par. The bonds are fully convertible into 687,568 shares at a fixed conversion price of KRW 3,636 from October 2, 2019 to September 2, 2021 and will mature on October 2, 2021. The transaction was approved by the board of directors of the company.