SMAC Co.,Ltd. (KOSDAQ:A097780) agreed to acquire 23.4% stake in Locojoy International Corporation (KOSDAQ:A109960) for KRW 15 million on November 30, 2016. Under the terms of transaction, SMAC Co.,Ltd. (KOSDAQ:A097780) will acquire 4 million shares of Locojoy International Corporation (KOSDAQ:A109960) for KRW 15 million.

SMAC Co.,Ltd. (KOSDAQ:A097780) completed the acquisition of 23.4% stake in Locojoy International Corporation (KOSDAQ:A109960) on January 16, 2017.