Dayou Plus Co.,Ltd (KOSE:A000300) agreed to acquire 49.99% stake in Industrias Seimex S.A. DE C.V. for approximately KRW 2 billion on March 27, 2019. As per terms, Dayou Plus will acquire 50,885 shares in cash. As of December 31, 2018, Industrias Seimex reported total assets of KRW 5.1 billion, total common equity of KRW 2.9 billion, revenues of KRW 11.9 billion and net profit of approximately KRW 420 million. The transaction is expected to be closed by April 23, 2019. Dayou Plus Co.,Ltd (KOSE:A000300) cancelled the acquisition of 49.99% stake in Industrias Seimex S.A. DE C.V. on March 27, 2020.