Kumkang Kind Co., Ltd. (KOSE:A014280) agreed to acquire Insan Digichem Co.,Ltd. on July 25, 2014. Kumkang Kind Co., Ltd. will issue 0.02 million shares of its subsidiary with an exchange ratio of 0.0250839. After this transaction, Insan Digichem Co.,Ltd. will merge with the subsidiary of Kumkang Kind Co., Ltd. and will form new entity.

Transaction is expected to complete on October 1, 2014.