GreenCross Medical Science Corp. (KOSDAQ:A142280) agreed to acquire a 21.06% stake in CERAGEM Medisys, Inc. for KRW 5 billion in cash on January 20, 2015. GreenCross will acquire 10 million shares in the transaction. The Board of Directors of GreenCross passed a resolution for the transaction. Expected transaction settlement date is March 31, 2015.

GreenCross Medical Science Corp. (KOSDAQ:A142280) completed the acquisition of 21.06% stake in CERAGEM Medisys, Inc. in January, 2015.