SI Resources Co.,Ltd. (KOSE: A065420) announced a private placement of unregistered non guaranteed private convertible debentures for gross proceeds of KRW 3,000,000,000 on January 19, 2012. The coupon rate is 3%, maturity date is January 27, 2015, conversion price is KRW 2,192 per share, and conversion period is from January 27, 2013 to January 26, 2015. The payment date is January 27, 2012. Myung-Yong Jung invested KRW 1,000,000,000, Sook-Yeol Jo invested KRW 500,000,000, Yong-woo Kim invested KRW 500,000,000, Duk-haeng Jo invested KRW 500,000,000, and Misun Jung invested KRW 500,000,000 as a part of the deal. On January 27, 2012, SI Resources Co.,Ltd. closed the transaction.