A-Jin Industrial Co.,Ltd. announced that it expects to receive KRW 17.5 billion in funding from Hanyang Securities Co. Ltd., Investment Arm and other investors
May 27, 2018
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A-Jin Industrial Co.,Ltd. (KOSDAQ:A013310) announced a private placement of 5th unregistered coupon unguaranteed private convertible bonds for KRW 17,500,000,000 on May 28, 2018. The transaction will include participation from new investors, Hanyang Securities Co. Ltd., Investment Arm for KRW 2,000,000,000, Anda Mezzanine Hedge Fund 5 for KRW 3,500,000,000, GVA Saber-G/ Fortress-A KOSDAQ Venture Hedge Fund for KRW 2,100,000,000, and other investors. The bonds will mature on May 30, 2021. The bonds do not bear interest or yield to maturity. The conversion rate for bonds is 100%. The bonds are convertible into 2,618,920 shares at KRW 3,289 per share from May 30, 2019 to April 30, 2021. The subscription date and payment date is May 30, 2018.
A-JIN INDUSTRY CO.,LTD is a Korea-based company mainly engaged in the manufacture of automotive body parts. The Company manufactures Automotive body reinforced panels which used for waterproofing, sound insulation and preventing water, dust, heat, noise from outside and automotive body parts production equipments. The panels include PNL ASSY F, APRON I, O COMPL, RAIL ASSY ROOF FRONT, CTR FLOOR ASSY COMPL, RINNG ASSY SUN ROOF REINF RING, PARTITION ASSY CTR FRT, REINF SIDE OTR and others. The Company distributes its products within domestic market and to overseas markets.
A-Jin Industrial Co.,Ltd. announced that it expects to receive KRW 17.5 billion in funding from Hanyang Securities Co. Ltd., Investment Arm and other investors
A-JIN INDUSTRIAL CO.,LTD. 
