An undisclosed buyer agreed to acquired 3.5% stake in megaMD Co., Ltd. from Megastudy Co. Ltd. (KOSDAQ:A072870) for KRW 2.5 billion on November 13, 2015. Under the terms, MegaStudy will sell 0.71 million shares.

Upon closing, MegaStudy will hold 49.95% stake represented by 10.1 million shares. As of December 9, 2015, the purchase price is amended to KRW 2.1 billion. The deal is expected to close by December 15, 2015.