Inet-School, Inc. (KOSE:A060240) agreed to sell 4.93% stake in JYP Entertainment Co., Ltd. for KRW 2.3 billion on January 1, 2013. Inet-School, Inc will sell 0.13 million shares of JYP Entertainment Co., Ltd. The transaction has been resolved by Board of Directors of Inet-School, Inc. and is expected to close by January 27, 2014.