SKC solmics Co., Ltd. announced a private placement of 80,942,105 shares at a price of KRW 1,869 per share for the gross proceeds of KRW 151,280,794,245 on December 23, 2020. Each share to be issued has a face value of KRW 500 per share. The company will raise the funding through shareholder allocation increase method. The payment date is March 31, 2021 and expected date of issuance of new shares April 9, 2021. The transaction has been approved by board of directors of the company. The shares carry a hold period of one year.