S&P World Ltd. (KOSDAQ:A263920) agreed to acquire 51% stake in Eye Fox Korea Co., Ltd. for approximately KRW 1 billion on February 26, 2018. Under the terms of the transaction, S&P World Ltd. will acquire 5100 shares of Eye Fox Korea Co., Ltd. The consideration will be paid in cash. As of November 30, 2017, Eye Fox Korea Co., Ltd. reported total assets of KRW 6.84 billion. The Board of Directors of S&P World Ltd. passed a resolution on the transaction on February 26, 2018. The transaction is expected to close on February 26, 2018. S&P World Ltd. (KOSDAQ:A263920) cancelled the acquisition of 51% stake in Eye Fox Korea Co., Ltd. on August 29, 2018. Due to cancellation of agreement, the payment made will be retrieved in tranches by 2022, and the amount to be retrieved is KRW 498.1 million.