FRD Co., Ltd. agreed to acquire Special Gas Business Division of JT Corporation (KOSDAQ:A089790) for KRW 3.4 billion on June 26, 2019. The consideration shall be paid in cash. Down payment of 10% shall be paid on contract signing date and balance of 90% shall be paid on June 30, 2019. The transaction shall be completed on June 30, 2019.