Kumho HT, Inc. (KOSE:A214330) agreed to acquire remaining 81% stake in DiNonA Inc. (XKON:A086080) for approximately KRW 170 billion on August 27, 2020. DiNonA will be merged in to Kumho. Kumho will issue 1 share for 1.7390213 shares of DiNonA.

Merger contract date is January 26, 2021. The meeting of DiNonA shareholders for approval of the transaction will be held on June 10, 2021. As of May 25, 2021, The meeting of DiNonA shareholders for approval of the transaction will be held on September 17, 2021.

The the merger date is scheduled July 12, 2021. The the merger date is scheduled on July 13, 2021. As of May 25, 2021 the transaction is expected to close on October 19, 2021.

As on August 30, 2021, Shareholders meeting is scheduled on September 29, 2021 and expected to close on November 1, 2021.