PATI Games Corporation (KOSDAQ:A194510) acquired 11.57% stake in Ybroad Co.,Ltd. (KOSE:A010600) from PROBIT Co., Ltd. for KRW 11.5 billion on November 30, 2017. PATI Games will acquire 1.8 million shares of Ybroad for KRW 6,500 each. Upon completion, PROBIT will not own any stake in Ybroad. PATI Games Corporation will use own funds for the acquisition. Board of Directors of PATI Games Corporation made a resolution in favor of the transaction on November 30, 2017. The transaction is expected to close on November 30, 2017. Han Kyung Accounting Corporation acted as external rating institution.

PATI Games Corporation (KOSDAQ:A194510) completed the acquisition of 11.57% stake in Ybroad Co.,Ltd. (KOSE:A010600) from PROBIT Co., Ltd. on November 30, 2017.