YD Online Corp. (KOSDAQ:A052770) agreed to acquire 90% stake in Mijia Co., Ltd. from Inan Choi for KRW 3.5 billion on June 29, 2018. Under the terms of transaction, YD Online Corp. will acquire 0.07 million shares for KRW 3.5 billion. The consideration will be paid in cash on July 2, 2018. For the year ended December 31, 2017, had total assets of KRW 3.6 billion, net assets of KRW 1.3 billion, sales of KRW 2.2 billion and net profit of KRW 264.1 million. The transaction has been resolved by the Board of YD Online Corp. The transaction is expected to be completed by July 2, 2018. Jeil Accounting Corporation acted as external ratings institution in the transaction. YD Online Corp. (KOSDAQ:A052770) cancelled the acquisition of 90% stake in Mijia Co., Ltd. from Inan Choi on June 29, 2019.