Arion Technology Inc. (KOSDAQ:A058220) acquired 51% stake in Daoyachts Co., Ltd. for KRW 3.5 billion on February 21, 2020. Payment was done in convertible bonds issued by Arion Technology. The decision (resolution) date for Board of Directors of Arion Technology for the deal was February 21, 2020. Arion Technology Inc. (KOSDAQ:A058220) completed the acquisition of 51% stake in Daoyachts Co., Ltd. on February 21, 2020.