Jiransecurity Co., Ltd. (KOSDAQ:A208350) agreed to acquire 72.6% stake in SSR Inc. from a group of shareholders for KRW 17.8 billion on July 19, 2017. Jiransecurity Co., Ltd. will acquire 0.96 million shares of SSR Inc. in cash and will make the payment on July 19, 2017. Upon completion of the transaction, Jiransecurity Co., Ltd. will hold 0.96 million shares amounting to 72.61% stake in SSR Inc. Jiransecurity Co., Ltd. will fund the transaction through retained cash of KRW 17.8 billion. The Board of Directors passed a resolution for the transaction on July 19, 2017. The transaction is expected to be completed on July 19, 2017. Young Jin Accounting Corporation acted as the external rating institution.

Jiransecurity Co., Ltd. (KOSDAQ:A208350) cancelled the acquisition of 72.6% stake in SSR Inc. from a group of shareholders on July 19, 2018.