Biolog Device Co., Ltd. (KOSDAQ:A208710) acquired an additional 4.86% stake in Kolen Co., Ltd (KOSDAQ:A078650) from Eulryul Ji for KRW 4.5 billion on March 4, 2020. As part of the acquisition, Biolog Device Co., Ltd. will acquire 2.17 million shares of Kolen Co., Ltd for KRW 2070 per share. Post the acquisition, Biolog Device Co., Ltd. will hold 9.34 million shares of Kolen Co. Ltd. Biolog Device Co., Ltd will fund the transaction through own funds.

Biolog Device Co., Ltd. (KOSDAQ:A208710) acquired an additional 4.86% stake in Kolen Co., Ltd (KOSDAQ:A078650) from Eulryul Ji on March 4, 2020.