Dong-A Socio Holdings Co. Ltd. (KOSE:A000640) agreed to acquire M.I.Tech Co., Ltd. for $11 million on March 5, 2013. M.I.Tech reported sales of KRW 9.24 billion ($8.65 million), net loss of KRW 805.79 million ($0.75 million), total assets of KRW 10.65 billion ($9.98 million) and net liabilities of KRW 5.79 billion ($5.43 million) for the year ending December 31, 2012.

PricewaterhouseCoopers Korea acted as accountant to M.I.Tech. The conversion for financials were made through www.oanda.com as at December 31, 2012.