Sejong Medical Co., Ltd. (KOSDAQ:A258830) agreed to acquire 29.4% stake in Yozma BMTECH CO,LTD. for KRW 3.7 billion on July 13, 2020. As per terms of transaction, Sejong Medical Co., Ltd. will acquire 2.23001 million shares of Yozma BMTECH CO,LTD. Consideration will be in cash. For the year ended December 31, 2019, Yozma BMTECH CO,LTD. reported total asset of 9.586 million and net income of -4.815 million. Transaction is expected to be complete on July 31, 2020.