Acquidas Co., Ltd. agreed to acquire ASTA UK Limited from ASTA Corporation (KOSDAQ:A246720) for KRW 3.2 billion on November 14, 2017. Under the terms of the transaction, Acquidas will acquire 2.03 million shares. Acquidas will pay 10% of consideration on signing date and remaining 90% consideration on December 29, 2017. ASTA UK Limited had total assets of KRW 6.7 billion and stockholders equity of KRW 4.1 billion. The deal was resolved by Board of Directors on November 14, 2017. The deal is expected to close on November 14, 2017. The transaction was amended on November 27, 2017. Under the amendment, Acquidas will pay the remaining 90% of the consideration on November 27, 2017 instead of December 29, 2017. The deal is expected to now close on November 27, 2017. With Accounting Corporation acted as external rating institution.