An Unknown buyer agreed to acquire a 6.71% stake in Qingdao Amotech Electronics Co., Ltd from Amotech Co., Ltd. (KOSDAQ:A052710) for KRW 12.43 billion on December 23, 2022. Post completion, Amotech Co., Ltd will not have any stake in ingdao Amotech Electronics Co., Ltd. As of December 23, 2022, the board of Amotech Co., Ltd passed resolution for the transaction and the transaction is expected to complete on March 23, 2023.