Woolba Holdings Co., Ltd. agreed to acquire TechData Global Co., Ltd. from FusionData Co.,Ltd (KOSDAQ:A195440) for KRW 18 billion on December 20, 2018. Woolba Holdings Co., Ltd. will pay KRW 7 billion on December 20, 2018 and the balance of KRW 11 billion. Woolba Holdings Co., Ltd. will acquire 0.16 million shares of TechData Global Co., Ltd. After the transaction, FusionData Co.,Ltd will hold no stake in TechData Global Co., Ltd. TechData Global Co., Ltd. reported total assets of KRW 37.81 billion and total capital of KRW 883 million as at December 31, 2017. The Board of Directors passed a resolution for the transaction on December 20, 2018. The transaction is expected to be completed on December 20, 2018. gaeun accounting firm acted as the external rating institution. Woolba Holdings Co., Ltd. cancelled the acquisition of TechData Global Co., Ltd. from FusionData Co.,Ltd (KOSDAQ:A195440) on December 20, 2019.