KHVATEC Co., Ltd. (KOSDAQ:A060720) agreed to acquire KHVATEC India Pvt.Ltd. for KRW 5 billion on March 28, 2019. As of December 31, 2018, KHVATEC India Pvt.Ltd. reported total assets of KRW 320 billion and total common equity of KRW 208.55 billion. The transaction is expected to be completed on April 12, 2019.