Fourth-Link Inc. (KOSDAQ:A056730) agreed to acquire Certon Co., Ltd. from Kyungok Park for KRW 4 billion on June 13, 2017. Under the terms of the transaction, Fourth-Link Inc. will acquire 0.04 million shares. Method of acquisition will be in cash and through issuance of KRW 3 billion of 16th private convertible bonds. After the completion of the transaction, Fourth-Link Inc. will hold 0.04 million shares representing 100% stake. During the financial year ended December 2016, Certon Co., Ltd. reported total assets of KRW 135 million, sales of KRW 30 million and net loss of KRW 132 million. The transaction has been resolved by the Board of Fourth-Link Inc. on June 13, 2017. The transaction is expected to be completed on June 16, 2017.