St-Stassets Health Care Fund No.1 signed a contract to acquire an unknown stake in Abion Inc. (XKON:A203400) from KPM TECH Co., Ltd. (KOSDAQ:A042040) for KRW 14.5 billion on May 9, 2019. St-Stassets Health Care Fund will acquire 2.6 million shares for KRW 5512 per share. Out of total consideration, 10% was paid on the contract signing date and the remaining 90% will be paid on the balance payment date. Transaction is expected to close on May 30, 2019.

St-Stassets Health Care Fund No.1 cancelled the acquisition of an unknown stake in Abion Inc. (XKON:A203400) from KPM TECH Co., Ltd. (KOSDAQ:A042040) on May 9, 2020.