An unknown buyer agreed to acquire 33.3% stake in LOHAS Engineering Co., Ltd. from Antz. Co., Ltd (XKON:A267810) for KRW 300 million on June 7, 2018. Under the terms of transaction, the buyer will acquire 0.01 million shares for KRW 300 million; KRW 10 million will be paid by September 30, 2018, and the balance of KRW 290 million is scheduled to be paid by December 20, 2019. As of December 23, 2019, the balance of KRW 290 will be collected by December 20, 2020, and the date of collecting balance can be changed early depending on the circumstances. In addition, due to the nonfulfillment of a contract by December 20, the entity will collect KRW 29 million in addition to the principal, which is equivalent to 10% from the principal. As of December 20, 2021, their is a delay in the payment of the consideration due to lack of liquidity of the transferee of the transferee. The balance of KRW 290 million will be recovered by December 20, 2025, and the balance may be recovered early depending on the circumstances. In addition, by December 20, 2025, KRW 58,000,000, equivalent to 10%, will be recovered in addition to the principal amount due to non-performance of the contract. Upon completion, Antz. Co., Ltd will hold 16.7% stake in LOHAS Engineering Co., Ltd. The transaction has been resolved by the Board of Antz. Co., Ltd. The transaction is expected to be completed by December 20, 2019. As of December 23, 2019, the transaction is expected to be completed by December 20, 2020. As of December 21, 2020, the transaction is expected to be completed by December 20, 2021. As of December 20, 2021, transaction is expected to close on December 20, 2025.