CITECH Co.,Ltd (KOSE:A004920) agreed to acquire an additional 6.11% stake in J way Co., Ltd. (KOSDAQ:A058420) for KRW 2 billion on February 2, 2016. CITECH Co will acquire 0.57 million shares of J way Co. Post transaction, CITECH Co.

will hold 0.64 million shares in J way. The transaction is expected to close on February 4, 2016.