WAPS Co., Ltd (KOSDAQ:A196700) intends to acquire WAPS Vietnam Co. , Ltd for KRW 2.9 billion on November 6, 2019. As of December 31, 2018, WAPS Vietnam reported total assets of KRW 18.79 billion, total capital of KRW 1.9 billion, sales of KRW 4 billion and net loss of KRW 2 billion. The transaction was resolved by the board of directors of WAPS on November 6, 2019. The transaction is expected to close on December 18, 2019. As on December 19, 2019, expected closing is extended to January 2, 2020.