Geumhwa Plant Service & Construction Co., Ltd. (KOSDAQ:A036190) agreed to acquire 44.59% stake in Jeongeup Green Power Co., Ltd. for KRW 9.6 billion on June 13, 2024. A cash consideration of KRW 9.6 billion will be paid by Geumhwa Plant Service & Construction for 960,000 shares in Jeongeup Green Power. The expected completion of the transaction is June 26, 2024.