Blueside Inc. signed a contract to acquire 55.47% in Sambon Precision & Electronics Co., Ltd. (KOSDAQ:A111870) from Sambon Precision & Electronics Holdings Investment Co., Ltd. and Intaek Jang for KRW 84.3 billion on February 27, 2017. After the initial signing of an agreement Blueside Inc. changed contract singing date to March 30, 2017. Under the terms, 5.3 million shares will be acquired at KRW 16,000 per share. As per agreement, Sambon Precision & Electronics Holdings Investment Co., Ltd. will receive a deposit of KRW 5.8 billion further deposits will be paid on agreement change date KRW 4.3 billion and balance KRW 72.2 billion will be paid on the completion of the transaction i.e. June 5, 2017. Blueside Inc deposited KRW 5.7 billion on February 27, 2017 and paid KRW 4.3 billion on March 30, 2017. Blueside Inc will pay remaining amount when all condition precedent to transaction will be met on June 5, 2017. Post completion, Sambon Precision & Electronics Holdings Investment Co., Ltd will hold 0.4 million shares in Sambon Precision & Electronics Co., Ltd. Blueside Inc. signed a changed contract to acquire 55.47% in Sambon Precision & Electronics Co., Ltd. from Sambon Precision & Electronics Holdings Investment Co., Ltd. and Intaek Jang on March 30, 2017. As of March 30, 2017, the scheduled closing date has been changed from March 30, 2017 to June 5, 2017. As of June 5, 2017, the scheduled closing date has been changed from June 5, 2017 to August 31, 2017.