Elvatech Ltd. announced that it will issue 871,200 shares at KRW 5,000 per share to returning investor, ENF Technology Co., Ltd. for gross proceeds of KRW 4,356,000,000 on September 7, 2012. After closing of the transaction, the investor will hold 66% stake in the company. The scheduled investment date is September 10, 2012. The company had total assets of KRW 123,526,271,240 in 2011.

On September 10, 2012, Elvatech Ltd. closed the transaction.