Kyung Nam Pharm Co.,Ltd. (KOSDAQ:A053950) agreed to acquire 9.94% stake in ILYA Co., Ltd (KOSDAQ:A058450) from Kang, Jae Woo and Han, Seung Ja for KRW 7 billion on March 15, 2023. The transaction is closed when the balance is paid, and the closing date is the date of the regular shareholders' meeting, March 31, 2023 or a date agreed upon by the contracting parties.