Biosmart Corporation (KOSE:A038460) agreed to acquire 30.9% stake in Business On Communication Co.,Ltd. for KRW 8.6 billion in cash on March 4, 2013. Biosmart Corporation will acquire 1.97 million shares of Business On Communication. The Board of Directors of Biosmart Corporation resolved the deal on March 4, 2013.

The scheduled completion date of transaction is May 31, 2013.