ACT Co., Ltd. (KOSDAQ:A138360) agreed to acquire 19.7% stake in Saehwa IMC Co., Ltd. (KOSE:A145210) from Woosung Corporation Co.,Ltd. for KRW 31 billion on May 12, 2021. Woosung Corporation Co.,Ltd. will dispose of 31 million shares at a price of KRW 1000. The consideration is paid in cash a down payment of KRW 5.5 billion, intermediate payment of KRW 10 billion and remaining KRW 15.5 billion is paid on July 5, 2021.
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- ACT Co., Ltd. agreed to acquire 19.7% stake in Saehwa IMC Co., Ltd. from Woosung Corporation Co.,Ltd. for KRW 31 billion.