Kyle and Partners Co., Ltd signed a contract to acquire 10.67% stake in Fourth-Link Inc. (KOSDAQ:A056730) from Superb Allaince Limited for KRW 14.8 billion on July 6, 2018. Under the terms, Kyle and Partners Co., Ltd will acquire 4.93 million shares of Fourth-Link Inc at KRW 3,000 per share. Pursuant to the terms, KRW 5 billion was paid as deposit on July 9, 2018 and remaining consideration of KRW 9.78 billion will be paid on the day preceding extraordinary shareholders' meeting of Fourth-Link. Superb Allaince Limited transferred 2 million shares on July 9, 2018 and remaining 2.93 million shares will be transferred preceding day of extraordinary shareholders' meeting. Deal is expected to close on September 20, 2018. As of September 10, 2018, the closing date is postponed to October 18, 2018. As per amendment report on September 19, 2018, the remaining consideration and the transaction is expected to be completed by September 19, 2018. Kyle and Partners Co., Ltd completed the acquisition of 10.67% stake in Fourth-Link Inc. (KOSDAQ:A056730) from Superb Allaince Limited on September 19, 2018.