SCD Co., Ltd. (KOSDAQ:A042110) agreed to acquire remaining 50% stake in Sejin Electron(HK) Co.,Ltd. from Sejin Electron Inc. (KOSDAQ:A080440) and Sejin America, Inc. for KRW 3.9 billion in cash on May 12, 2015. SCD Co., Ltd. acquired 3 million shares. During the year ended December 31, 2014, Sejin Electron(HK) Co.,Ltd. had total assets of KRW 14.97 billion, total owners' equity of KRW 10.9 billion, revenue of KRW 15.97 billion, and net profit of KRW 174 million.

Board of Directors of SCD Co., Ltd. made a resolution in favor of the transaction on May 12, 2015. The scheduled acquisition date will be completed observing foreign exchange transactions provision regarding the transaction payment and will be re-announced at the time of the transactions end.