BusinessOn Communication Co., Ltd (KOSDAQ:A138580) agreed to acquire Planit-Partners Inc from a group of shareholders for KRW 27 billion on November 3, 2020. As per the transaction, BusinessOn Communication Co., Ltd will acquire 0.6 million share of Planit-Partners Inc. The consideration will be paid in cash. Planit-Partners Inc reported revenue of KRW 12 billion, total assets of KRW 5 billion and net income of KRW 2.8 billion. Samhwa Accounting Firm acted as external evaluation agency in the transaction.

BusinessOn Communication Co., Ltd (KOSDAQ:A138580) completed the acquisition of Planit-Partners Inc from a group of shareholders on November 13, 2020.