Service-In Co., Ltd signed a contract to acquire 21.82% stake in PharmswellBio Co., Ltd. (KOSE:A043090) from Young-Jin Kwon, So-Young Kwon, Yoon-Tae Kwon, Soon-E Kim and Kyung-Sook Kwon for KRW 14.8 billion on June 28, 2013. The purchase consideration includes payment of KRW 100 million on June 28, 2013, second payment of KRW 1.7 billion on July 31, 2013 and the balance of KRW 13 billion will be paid on first general meeting of stockholders after the contract signing date. 0.47 Million shares will be transferred on the payment of second payment and balance 3.62 million shares will be transferred upon the final payment.