D&D Cloud Co., Ltd. agreed to acquire 32.7% stake in Cloud Fusion Co., Ltd. from FusionData Co.,Ltd (KOSDAQ:A195440) for KRW 2 billion on March 19, 2019. Consideration will be paid in two parts, KRW 1 billion on March 21, 2019 and remaining KRW 1 billion on May 20, 2019. D&D Cloud Co., Ltd. will acquire 1.4 million shares of Cloud Fusion Co., Ltd. As per the amendment, the total consideration has been revised to KRW 1.9 billion from which KRW 1 billion will be paid on March 21, 2019 and remaining KRW 980 million will be paid on March 27, 2019. The transaction is expected to be completed on May 20, 2019. The transaction is expected to be completed on March 27, 2019. One Ji Accounting Group Llc acted as external rating institution. D&D Cloud Co., Ltd. cancelled the acquisition of 32.7% stake in Cloud Fusion Co., Ltd. from FusionData Co.,Ltd (KOSDAQ:A195440) on March 19, 2020.