Biolog Device Co., Ltd. (KOSDAQ:A208710) and Jaesun Lee acquired 8.3% stake in Kolen Co. Ltd. (KOSDAQ:A078650) for KRW 6.2 billion on March 30, 2018. Biolog Device Co., Ltd and Jaesun Lee acquired 1.5 million shares and 0.99 million shares respectively of Kolen Co. Ltd. at KRW 2500 per share. Post completion, Biolog Device Co., Ltd and Jaesun Lee will hold 3.7 million shares and 1.43 million shares respectively of Kolen Co. Ltd. Biolog Device Co., Ltd and Jaesun Lee will fund the transaction through own funds.

Biolog Device Co., Ltd. (KOSDAQ:A208710) and Jaesun Lee completed the acquisition of 8.3% stake in Kolen Co. Ltd. (KOSDAQ:A078650) on March 30, 2018.