Iris System Co., Ltd. acquired 4.6% stake in J way Co., Ltd. (KOSDAQ:A058420) from Wonyoung Jang for KRW 1.7 billion on May 16, 2016. Under the terms of the deal, 0.43 million shares are acquired at an offer per share of KRW 4020. Iris System Co., Ltd. completed the acquisition of 4.6% stake in J way Co., Ltd. (KOSDAQ:A058420) from Wonyoung Jang on May 16, 2016.