SK Holdings Co., Ltd. (KOSE:A034730) agreed to acquire 1.08% stake in SMCore, Inc. (KOSDAQ:A007820) from Soon-Uk Kwon for KRW 1.2 billion on November 28, 2016. Under the terms of the transaction, SK Holdings Co., Ltd. will acquire 0.16 million shares for KRW 7396 per share.

SK Holdings Co., Ltd. (KOSE:A034730) completed the acquisition of 1.08% stake in SMCore, Inc. (KOSDAQ:A007820) from Soon-Uk Kwon on January 10, 2017.