An unknown buyer agreed to acquire 7.9% stake in Aprogen Healthcare & Games Inc. (KOSDAQ:A109960) from S-MAC CO., Ltd. (KOSDAQ:A097780) for KRW 15.7 billion on February 1, 2018. The buyer will acquire 3.98 million shares. As of December 24, 2018, the unknown buyer agreed to acquire an unknown stake in Aprogen Healthcare & Games Inc from S-MAC CO., Ltd. S-MAC CO., Ltd. will also sell shares in open market transaction as well. The combined consideration is KRW 15.7 billion. The Board of Directors passed a resolution for the transaction on February 1, 2019. The transaction is expected to be completed on March 29, 2019. As of march 25, 2019, the transaction is expected to be completed on June 28, 2019. As of March 31, 2020, the transaction is expected to completed by June 30, 2020.

An unknown buyer completed the acquisition of 7.9% stake in Aprogen Healthcare & Games Inc. (KOSDAQ:A109960) from S-MAC CO., Ltd. (KOSDAQ:A097780) on April 28, 2020.