Semicon Light Co., Ltd. (KOSDAQ:A214310) signed agreement to acquire 18.19% stake in Entermate Co.,Ltd. (KOSDAQ:A206400) from Wise Alliance Co.,Ltd. for KRW 20 billion on May 22, 2020. Under the terms of the transaction, Semicon Light will acquire 15.2 million shares at a price of KRW 1,320 per share. Innocle Trust will pay KRW 2 billion at signing of contract, KRW 4 billion on 25th day from the date of signing the contract and KRW 14 billion three business days before the temporary shareholders' meeting for the appointment of Executives. Transaction is expected to close on July 3, 2020.

Semicon Light Co., Ltd. (KOSDAQ:A214310) cancelled the acquisition of 18.19% stake in Entermate Co.,Ltd. (KOSDAQ:A206400) from Wise Alliance Co.,Ltd. on June 30, 2020. In accordance with the provisions of Addition of processing method for previously received funds, the contract was cancelled.