CJ 4DPLEX Co., Ltd agreed to acquire Simuline Inc. from CJ CGV Co., Ltd. (KOSE:A079160) and others on September 7, 2016. Under the terms, for every 30.74 shares of Simuline Inc., one share of CJ 4DPLEX will be issued. The total number of shares issued as consideration are 29.2 million. As per the terms, CJ CGV Co., Ltd. will sell 79.13% stake in Simuline. The Board of CJ 4DPLEX Co., Ltd has passed a resolution for the transaction. Shareholders meeting of CJ 4DPLEX Co.,Ltd is scheduled on October 27, 2016. The deal is expected to close on December 1, 2016. CJ 4DPLEX Co., Ltd completed the acquisition of Simuline Inc. from CJ CGV Co., Ltd. (KOSE:A079160) and others on December 1, 2016. As consideration, 23.1 million shares were issued to CJ CGV Co., Ltd. and 6.09 million shares were issued to the other sellers.