JMI (KOSE:A033050) acquired Jeongmoon Electronics (Suzhou) Co., Ltd. for KRW 13.9 billion on November 12, 2013. For the period ending December 2012, Jeongmoon Electronics (Suzhou) Co., Ltd. reported total assets of KRW 91.3 billion, total liabilities of KRW 72.37 billion, net assets of KRW 18.93 billion, sales of KRW 157.4 billion and net loss of KRW 32.87 billion. The transaction has been resolved by Board of Directors of JMI.

JMI (KOSE:A033050) completed the acquisition of Jeongmoon Electronics (Suzhou) Co., Ltd. on November 12, 2013.