Kishin Corporation (KOSE:A092440) agreed to acquire Won Jin Precision Co., Ltd. for KRW 6 billion on August 25, 2017. Under the terms of the transaction, Kishin Corporation will acquire 0.16 million shares in cash. During the financial year ended December 31, 2017, Won Jin Precision Co., Ltd. reported total assets of KRW 8.8 billion, net assets of KRW 815 million, revenue of KRW 12.33 billion and net profit of KRW 323 million. The transaction has been resolved by the Board on August 25, 2017. The scheduled acquisition date is August 31, 2017, on which the balance payment will be made. The same may change according to how things proceed.