Samryoong Co. Ltd. (KOSE:A014970) agreed to acquire E.Saeng Technopack Co., Ltd. for KRW 36 billion in cash on December 22, 2011. Samryoong Co. Ltd. will acquire 0.3 million shares of E.Saeng Technopack in the transaction. E.Saeng Technopack Co., Ltd reported total assets of KRW 34.51 billion, total liabilities of KRW 15.78 billion, total stockholders' equity of KRW 18.73 billion, sales revenue of KRW 48.92 billion and net profit of current period of KRW 1.27 billion in 2010. The transaction was resolved by the Board of Directors of Samryoong Co. Ltd. on December 22, 2011 and is expected to complete on January 31, 2012. As on January 31, 2012, the acquisition amount is amended to KRW 35.5 billion. Samryoong Co. Ltd. (KOSE:A014970) completed the acquisition of E.Saeng Technopack Co., Ltd. on January 31, 2012.