TONYMOLY Co.,Ltd. (KOSE:A214420) agreed to acquire 25% stake in Sehan Tax Free Co., Ltd. for KRW 1 billion on June 23, 2016. TONYMOLY will acquire 0.08 million shares of Sehan Tax Free Co in the deal. The Board of TONYMOLY Co. resolved the deal on June 23, 2016 and the deal is expected to close on June 23, 2016.