KGinicis Co., Ltd. (KOSDAQ:A035600) agreed to acquire 5% stake in NHN KCP Corp. (KOSDAQ:A060250) from NHN Entertainment Corp. (KOSE:A181710) for KRW 16.2 billion on June 28, 2016.

KGinicis Co will acquire 0.9 million shares of NHN KCP Corp in the deal. Following the completion of the deal, NHN Entertainment Corp will hold 25.2% stake in NHN KCP Corp.