Itcen Co., Ltd. (KOSDAQ:A124500) agreed to acquire 33.26% stake in Korea Jewery 3M Gold Co., Ltd for KRW 15.7 billion on August 10, 2018. Under the transaction, Itcen Co., Ltd acquires 157.4 million shares. The transaction has been resolved by the Board of Itcen Co., Ltd. The transaction is expected to be completed by August 28, 2018.