CXC Investment & Credit Capital Corporation (KOSDAQ:A021880) agreed to acquire 19.4% stake in Dobulife tech Co.,Ltd. from Chung-Beom Kim for KRW 3 billion in cash on October 19, 2015. CXC will acquire 58,200 shares of Dobulife tech. Dobulife tech Co.,Ltd. reported total assets of KRW 9.9 billion, total capital of KRW 4.8 billion, sales of KRW 5.48 billion and net profit of KRW 916 million as of June 30, 2015. The deal is expected to close on October 19, 2015. CXC Investment & Credit Capital Corporation (KOSDAQ:A021880) cancelled the acquisition of 19.4% stake in Dobulife tech Co.,Ltd. from Chung-Beom Kim on October 19, 2016.