Senko Co., Ltd (KOSDAQ:A347000) agreed to acquire 78.8% stake in Kentech for KRW 3.5 billion on April 13, 2021. Senko will acquire 19,700 shares of Kentech. For year ending December 2020, Kentech had total assets of KRW 5.5 billion, total common equity of KRW 2.7 billion, sales of KRW 7.7 billion and net income of KRW 1.4 billion. Transaction is expected to close on April 23, 2021. Transaction is expected to close on May 7, 2021.