SUNA Co.,Ltd (SZSE:002417) Ltd announced a private placement of common shares for on May 13, 2019. The transaction will included participation from not more than 10 specific investors. Issued shares will have a price not lower than 20% of median market price of the Company’s shares as of 20 previous days to issuance date. The transaction has been approved at the 23rd meeting of the 4th Board of Directors of the company.