Yuil-Flange Co., Ltd agreed to acquire 11.8% in Paratech Company Limited (KOSDAQ:A033540) from Base Hd Co.,Ltd. for KRW 14 billion on October 7, 2020. The consideration comprises payment of 10% as down payment and balance on closing. Post completion, Base Hd Co.,Ltd. will hold 0.14 million shares in Paratech Company Limited. The Board of Directors resolved the deal on October 7, 2020. The deal is expected to close on November 30, 2020.