Ace Equity Partners LLC signed a contract to acquire 29.99% stake in Tesna Inc. (KOSDAQ:A131970) from Jongdo Lee, Jongeung Lee, Soyoung Han and Sehee Han for approximately KRW 100 billion on October 10, 2019. Under the terms of the transaction, Ace Equity Partners will pay KRW 50,000 per share while Jongdo Lee will sell 1.5 million shares, Jongeung Lee will sell 0.32 million shares, Soyoung Han will sell 0.15 million shares and Sehee Han will sell 0.11 million shares. Transaction is subject to all the preceding conditions and is expected to close on November 29, 2019.