T Scientific Co.,Ltd (KOSDAQ:A057680) agreed to acquire additional 4.5% stake in TMD Lab for KRW 1.4 billion on November 19, 2020. T Scientific will acquire 7800 shares. As a result of the transaction, T Scientific will own 21,586 shares accounting for 12.54% stake in TMD Lab. As at year ended December 31, 2019, TMD Lab had total assets of KRW 5.9 billion and total equity of KRW 5.8 billion. For the year ended December 31, 2019, TMD Lab had revenues of KRW 0 and net loss of KRW 546 million. The transaction is expected to close on November 19, 2020.