Korea Green Paper Manufacturing Co., Ltd. (KOSE:A109070) agreed to acquire remaining 37.7% stake in Peta By Networks Co., Ltd for KRW 3.5 billion on January 19, 2018. Under the terms, Korea Green Paper Manufacturing will acquire 0.06 million shares and will pay consideration in cash. After the completion, Korea Green Paper will hold 100% stake in Peta By Networks. The transaction is resolved by the Board of Directors of Korea Green Paper Manufacturing Co., Ltd held on January 19, 2018. The transaction is expected to close on February 19, 2018. Under the new amendment report dated February 9, 2018, the transaction is expected to be completed on February 9, 2018. Korea Green Paper Manufacturing Co., Ltd. (KOSE:A109070) cancelled the acquisition of remaining 37.7% stake in Peta By Networks Co., Ltd on January 19, 2019.