Farmsco bio inte Agricultural Co. Ltd agreed to acquire Greenpig Farms Agricultural Co., Ltd from Farmsco (KOSE:A036580) on June 23, 2016. For every one share of Greenpig Farms Agricultural, Farmsco bio will issue 0.1175 share, resulting in issuance of 0.1 million shares of Farmsco bio inte Agricultural as consideration. Post-completion, Greenpig Farms Agricultural will be dissolved and Farmsco bio inte Agricultural Co. Ltd will be the surviving company. Greenpig Farms Agricultural Co had total assets of KRW 11.2 billion, sales of KRW 3.34 billion, negative total common equity of KRW 6.8 billion and net loss of KRW 1.27 billion for the year ended December 31, 2015. The period of submission of objections from creditors is from June 27, 2016 to July 28, 2016. The expected completion date is July 29, 2016. Farmsco bio inte Agricultural Co. Ltd cancelled the acquisition of Greenpig Farms Agricultural Co., Ltd from Farmsco (KOSE:A036580) on June 23, 2017.