JW Shinyak Corporation (KOSDAQ:A067290) agreed to acquire an additional 28.9% stake in JW CreaGene Co., Ltd. from group of sellers for KRW 30.7 billion on January 17, 2020. As per the transaction, JW Shinyak Corporation will acquire additional 0.31 million shares. Post completion, JW Shinyak Corporation will hold 99.75% stake in JW CreaGene Co., Ltd. The Board of Directors of JW Shinyak Corporation has passed the resolution. Transaction is expected to complete on January 20, 2020.