FIT Technology Co., Ltd. acquired 1.89% stake in TONGYANG Networks Co., Ltd. (KOSE:A030790) from SGA Solutions Co.,Ltd. (KOSDAQ:A184230) for KRW 1.5 billion on May 22, 2017. Under the terms of the transaction, FIT Technology Co., Ltd. acquired 1 million shares of TONGYANG Networks Co., Ltd. at KRW 1,554 per share.

FIT Technology Co., Ltd. completed the acquisition of 1.89% stake in TONGYANG Networks Co., Ltd. (KOSE:A030790) from SGA Solutions Co.,Ltd. (KOSDAQ:A184230) on May 22, 2017.