An unknown buyer agreed to acquire 2.7% stake in Genexine, Inc. (KOSDAQ:A095700) from Handok Inc. (KOSE:A002390) for KRW 27.3 billion on December 20, 2017. Under the transaction, Handok Inc. will dispose 0.54 million shares. After the transaction, Handok Inc. will hold 3.9 million shares representing 19.49% stake.

The transaction has been resolved by the Board of Handok Inc. The transaction is expected to be completed by December 21, 2017.