An unknown buyer agreed to acquire 91% stake in Weihai Sunyang DNT Co.,Ltd. from CammSys Corp. (KOSDAQ:A050110) for KRW 11.9 billion on December 27, 2017. The consideration equaling 50% will be paid within 60 days, 20% will be paid within 90 days, 20% will be paid within 180 days and 10% will be paid within 240 days after the signing date of the agreement. As of July 19, 2018, deal terms were revised such that 100% stake will be acquired in Weihai Sunyang DNT Co.,Ltd. now for KRW 9.4 billion. As on August 31, 2018, the amendment was done for the deal. Before the amendment, the proprietary right of Weihai Sunyang DNT Co.,Ltd. being sold will be upon the change registration completion scheduled August 31, 2018 after the deposit payment 41.25% of the deal amount receipt. The buyer should pay 41.25% of the deal amount until July 20, 2018, second payment of 33.75% within 90 days after that equity change registration, balance of 25% until July 20, 2023. After the amendment, the proprietary right of Weihai Sunyang DNT Co.,Ltd. being sold will be upon the change registration completion scheduled December 31, 2018 after the deposit payment 41.25% of the deal amount receipt. The buyer should pay 41.25% of the deal amount until September 7, 2018, second payment of 33.75% within 90 days after that equity change registration, balance of 25% until July 20, 2023. Buyer decided to pay 41.25% of the deal amount by September 7, 2018, but due to the CammSys Corp.'s circumstances, the transfer is being delayed. Accordingly, CammSys has decided to defer the receipt of the down payment by December 31, 2018 and will disclose the report on the date of receipt of the down payment in the future. As of December 10, 2018, consideration terms were revised to KRW 6.2 billion. The transaction has been resolved by the Board of Directors of CammSys Corp. on December 27, 2017. The transaction is expected to complete on December 27, 2017. The expected closing date was amended to August 24, 2018 as per the amendment report. Deal was resolved by Board of directors of CammSys Corp. on December 8, 2018 instead of the expected resolution date of September 7, 2018. Deal is expected to close on July 20, 2023. As of December 10, 2018, deal is expected to close on January 14, 2019.