Fine Semitech Corp. (KOSDAQ:A036810) signed a business acquisition agreement to acquire semiconductor distribution business and entire related businesses from Barun Electronics Co. Ltd. (KOSDAQ:A064520) for KRW 2.9 billion on February 16, 2015. The transaction was resolved by Board of Directors of Fine Semitech Corp. on February 16, 2015. The transaction is subject to shareholder approval. General meeting of stockholders for an approval for the transaction is scheduled on March 27, 2015. The transaction is expected to close on March 31, 2015.

Fine Semitech Corp. (KOSDAQ:A036810) completed the acquisition of semiconductor distribution business and entire related businesses from Barun Electronics Co. Ltd. (KOSDAQ:A064520) for KRW 2.8 billion on April 1, 2015. Changes in business acquisition/sales happen due to the due diligence of inventory and other equipment as of March 31, 2015.