DASAN Networks Inc. (KOSDAQ:A039560) agreed to acquire an additional 63.08% stake in ONGYANG TS Inc. for KRW 9.5 billion on December 30, 2014. DASAN Networks will acquire an additional 1.9 million shares and on completion, DASAN Networks will hold 81.3% stake in ONGYANG TS.

DASAN Networks Inc. (KOSDAQ:A039560) cancelled the acquisition of an additional 63.08% stake in ONGYANG TS Inc. on December 30, 2015.