Sam Kwang Glass Co., Ltd. (KOSE:A005090) agreed to acquire investment division from eTEC E&C Limited (KOSDAQ:A016250) on March 13, 2020. As part of the acquisition, Sam Kwang Glass Co., Ltd. will issue shares at ratio of 1:3.8794669. Upon completion, the name of Investment division of eTEC E&C Limited is changed to SGC eTEC E&C Limited.

The transaction is expected to be completed by October 31, 2020.