KJ Pretech Co., Ltd. (KOSDAQ:A083470) agreed to acquire 11.45% stake in Haeduk Powerway Co., Ltd. (KOSDAQ:A102210) from JJ Consortium No. 1 for KRW 15 billion on June 21, 2018. Under the terms, KJ Pretech Co., Ltd will acquire 1.3 million shares of Haeduk Powerway Co., Ltd. for KRW 11538 each. The consideration is paid in cash and will be paid on June 21, 2018. The transaction has been resolved by the Board of Directors of KJ Pretech Co., Ltd at the meeting held on June 21, 2018. The transaction is expected to be completed by June 21, 2018. With Accounting Corporation acted as External Rating Institution in a transaction.

KJ Pretech Co., Ltd. (KOSDAQ:A083470) completed the acquisition of 11.45% stake in Haeduk Powerway Co., Ltd. (KOSDAQ:A102210) from JJ Consortium No. 1 on June 21, 2018.