Dongwon Industries Co., Ltd. (KOSE:A006040) agreed to acquire 25.6% stake in Dongwon F&B Co., Ltd. (KOSE:A049770) from Dongwon Technology Investment for KRW 160 billion on April 14, 2025. As consideration, 0.9150232 shares of Dongwon Industries Co., Ltd. common stock paid to the target shareholders. Through this stock exchange, Dongwon Industries Co., Ltd. will issue 4.5 million new shares. The transaction has an estimated purchase price of KRW 35,024. Dongwon F&B will become a wholly owned subsidiary of Dongwon Industries Co., Ltd.

Dongwon Industries, a listed corporation, will maintain its status as a listed corporation, and Dongwon F&B, a listed corporation, will proceed with delisting procedures in accordance with this comprehensive stock exchange. The transaction is subject to the approval of shareholders of Dongwon Industries Co., Ltd.

The expected completion of the transaction is July 14, 2025.

Dongwon Industries Co., Ltd. (KOSE:A006040) completed the acquisition of 25.6% stake in Dongwon F&B Co., Ltd. (KOSE:A049770) from Dongwon Technology Investment on July 14, 2025.