Sapphire Technology Co., Ltd. (KOSDAQ:A123260) agreed to acquire an additional 18.18% stake in SAPphire Technology & Applications Co.,Ltd. for KRW 7.8 billion on December 16, 2014. Sapphire Technology will acquire approximately 0.2 million shares of SAPphire Technology & Applications. Post completion, Sapphire Technology Co.

will hold 74.12% stake in SAPphire Technology & Applications. The deal is expected to close on December 19, 2014.