MP Group, Inc (KOSDAQ:A065150) agreed to acquire Daesan Pork Co., Ltd from Soon-bae Kim, Gwang-hye Kim and Seul-ong Kim for KRW 23 billion on March 22, 2021. Under the terms of the transaction, MP Group will acquire 50,000 shares in Daesan Pork Co. MP Group will pay a down payment of KRW 2.3 billion on March 22, 2021 and the balance KRW 20.7 billion would be paid on April 1, 2021. The transaction is resolved by the Board of MP Group. The transaction is expected to close on April 1, 2021. MP Group, Inc (KOSDAQ:A065150) completed the acquisition of Daesan Pork Co., Ltd from Soon-bae Kim, Gwang-hye Kim and Seul-ong Kim on April 1, 2021. The down payment and balance of consideration was paid by MP Group on March 22, 2021 and April 1, 2021 respectively.