Unitrontech Co., Ltd. announced that it expects to receive funding from Susung Asset Management Co., Ltd., Core Trend,Ltd, Hanwha Investment & Securities Co., Ltd., Hanyang Securities Co. Ltd. and other investors
October 05, 2018
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Unitrontech Co., Ltd. (KOSDAQ:A142210) annnounced a private placement of 4th series unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 14,000,000,000 on October 5, 2018. The bonds are 100% convertible into 2,524,797 common shares at a price of KRW 5,545 between October 8, 2019 and September 8, 2023. The bonds will mature on October 8, 2023.
The transaction will include participation from Hanyang Securities Co. Ltd. (KOSE:A001750), for KRW 1,500,000,000, Hands Partners Limited, for KRW 1,000,000,000, Susung Asset Management Co., Ltd., for KRW 3,000,000,000 and a group of investors. The subscription and payment date of the transaction is October 8, 2018.
Unitron Tech Co Ltd is a Korea-based company principally engaged in the semiconductor components distribution business. The Company's products mainly include semiconductors, displays and other purchased processed products. The semiconductor products include memory semiconductor products such as Dynamic Random-Access Memory (DRAM), NAND flash, NOR flash and non-memory semiconductor products such as Micro Controller Unit (MCU), application processors (AP), GNSS, short range modules, inductors, and transformers. Display products mainly include mini-light-emitting diode (LED) and thin-film-transistor liquid-crystal display (TFT-LCD). The Company also engages in mobile software development business.
Unitrontech Co., Ltd. announced that it expects to receive funding from Susung Asset Management Co., Ltd., Core Trend,Ltd, Hanwha Investment & Securities Co., Ltd., Hanyang Securities Co. Ltd. and other investors
UNITRONTECH CO., LTD. 
