EQUISnZAROO CO.,LTD (KOSDAQ:A058530) agreed to acquire a 51% stake in JK International from Woo, Hyunju, Yoon, Haesung, Yoon, Euiseok, Jung, Guhoon, Kim, Sunyoung and Park, Sunyoung for KRW 6.7 billion on July 19, 2016. Under the terms, EQUISnZAROO will acquire 0.06 million shares of JK International. EQUISnZAROO will pay deposit of KRW 670.14 million on July 19, 2016, second payment of KRW 4.02 billion on July 19, 2016 and balance KRW 2.01 billion on July 25, 2016. JK International reported total assets of KRW 14.79 billion, total capital of KRW 4.13 billion, sales of KRW 83.41 billion and net profit of KRW 3.11 billion as of December 31, 2015. The deal is expected to c lose on July 25, 2016.