WCP's Financing for Capital Investment through a Third-Party Allotment of Convertible Bonds
First written in FY2019-Q3. 3 of 7 entries say "Advanced", first in FY2019. Latest entry: FY2021.
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- FY2021AchievedAnnual report
「All of the second privately placed convertible bonds not covered above were also exercised in full on 17 January 2022 and converted into shares.」
All of the remaining second privately placed convertible bonds issued by WCP were converted into shares on 17 January 2022, bringing the convertible-bond financing to the share-conversion stage. - FY2021-Q3Updated the conversion of convertible bonds into sharesAnnual report
「At WCP, our consolidated subsidiary, non-controlling shareholders exercised their conversion rights under bonds with stock acquisition rights that are convertible into shares.」
Non-controlling shareholders exercised their conversion rights under WCP's bonds with stock acquisition rights that are convertible into shares. - FY2020Updated the balance of convertible bondsAnnual report
「As of the end of the current consolidated fiscal year, borrowings totaled ¥29,484 million, while bonds with stock acquisition rights that are convertible into shares totaled ¥17,308 million.」
Updated the balance of bonds with stock acquisition rights that are convertible into shares, including WCP's convertible bonds, to ¥17,308 million. - FY2020-Q2AdvancedAnnual report
「On 30 July, W-SCOPE CHUNGJU PLANT CO., LTD. issued bonds with stock acquisition rights that are convertible into shares to SVIC49 New Technology Business Investment Partnership, whose managing partner is Samsung Venture Investment Corporation, as follows.」
WCP issued its fourth privately placed convertible bonds on 30 July 2020, raising KRW 20,000,000,000 for working capital and capital investment. - FY2020-Q1AdvancedAnnual report
「Name W-SCOPE CHUNGJU PLANT CO., LTD. Third privately placed convertible bonds Aggregate issue amount KRW 22,000,000,000 Issue date 31 January 2020 Maturity date 29 November 2024」
WCP issued its third privately placed convertible bonds and raised KRW 22,000,000,000 to fund the construction and operation of a separator manufacturing plant. - FY2019AdvancedAnnual report
「W-SCOPE CHUNGJU PLANT CO., LTD. First privately placed convertible bonds; aggregate issue amount: KRW 115,000,000,000; issue date: 29 November 2019; maturity date: 29 November 2024」
WCP issued its first privately placed convertible bonds to raise funds for the construction and operation of a separator manufacturing plant to meet growing EV demand. It also issued its second privately placed convertible bonds, bringing the balance of bonds with stock acquisition rights to ¥16,068 million. - FY2019-Q3First statedAnnual report
「At a meeting of its board of directors held on 11 November 2019, our subsidiary W-SCOPE CHUNGJU PLANT CO., LTD. (hereinafter, "WCP") resolved to issue privately placed convertible bonds to fund capital investment aimed at securing supply capacity to meet expected growth in demand in the EV market, and on the same day entered into an underwriting agreement for the bonds with Noh & Partners株式会社.」
WCP resolved to issue privately placed convertible bonds with an aggregate issue amount of KRW 115,000,000,000 and a maturity date of 29 November 2024, and entered into an underwriting agreement, to fund capital investment to meet growing EV demand.