Agabang & Company (KOSDAQ:A013990) agreed to acquire Designskin Corp. for KRW 6.6 billion on September 22, 2015. Agabang will acquire 0.02 million shares.

Designskin Corp. reported total assets of KRW 6.05 billion, sales of KRW 4.28 billion and net profit of KRW 459 million in 2014. The Board of Agabang & Company resolved the deal on September 22, 2015.

The transaction is expected to close on September 22, 2015. As on September 23, 2015, the transaction is expected to close by October 23, 2015.